9th Circ. Rules Minority Owner Must Sell Stake In Casino Co.

Law360, Los Angeles (March 6, 2014, 9:15 PM EST) -- The Ninth Circuit on Thursday affirmed a lower court judge's ruling that a minority owner of Silver Slipper Casino Venture LLC is contractually bound to sell its stake in the company following a dispute over the sale of a Mississippi casino, ruling that the judge did not err in refusing to grant the minority owner leave to conduct discovery.

A three-judge panel upheld U.S. Magistrate Judge John E. McDermott's ruling granting summary judgment to plaintiffs Paul Alanis and Jess Ravich, who are representing a group of...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Paul Alanis, et al v. Dynasty Development Group, et al


Case Number

11-56659

Court

Appellate - 9th Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

September 26, 2011

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.