Casino Miami Jai-Alai Bankruptcy Sale Procedures OK'd

Law360, Miami (December 18, 2013, 7:04 PM EST) -- With an agreement in place for operator Silvermark LLC to serve as a stalking horse bidder, a Florida bankruptcy judge worked through a few final issues Wednesday before approving sale procedures for a planned March 2014 auction of Casino Miami Jai-Alai.

Wednesday's confirmation hearing came close to not happening. In giving the parties a 24-hour extension on a previously set deadline for the stalking horse deal, U.S. Bankruptcy Judge Robert A. Mark informed Florida Gaming Centers Inc. that if notice of an agreement with Silvermark was...
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