Try our Advanced Search for more refined results

Revel AC, Inc.

  1. March 13, 2015

    Revel Judge Won't Approve $82M Sale To Straub's Firm

    A New Jersey bankruptcy judge declined Friday to approve Revel AC Inc.'s $82 million sale to real estate tycoon Glenn Straub's Polo North Country Club Inc., ruling that she did not have jurisdiction to authorize the transaction while parts of it were still pending appeal.

  2. March 12, 2015

    $82M Revel Sale Ruling Delayed Over Jurisdictional Issues

    A New Jersey bankruptcy judge said Thursday that she plans to rule Friday on Revel AC Inc.'s proposed $82 million sale to real estate tycoon Glenn Straub's Polo North Country Club Inc. after several parties questioned whether she had jurisdiction while part of the case is being appealed.

  3. March 04, 2015

    Revel Rivals Get One Week to Beat Straub's $82M Sale Bid

    A New Jersey bankruptcy judge on Wednesday gave would-be buyers of bankrupt Revel Casino Hotel a week to come up with a better offer than Florida resort tycoon Glenn Straub's $82 million bid for the troubled Atlantic City property, calling sale approval premature.

  4. February 26, 2015

    Revel Power Plant Urges Ch. 7 Instead Of $82M Sale

    Owners of the troubled utility plant built to power the Revel Casino Hotel urged a judge on Wednesday to order the defunct resort into liquidation, claiming it cannot be trusted to treat creditors fairly after electing to "throw in the towel" and sell itself for a lowballed $82 million.

  5. February 24, 2015

    Revel Casino Hotel Scooped Up Once Again — At A Discount

    Florida resort tycoon Glenn Straub has undercut his own $95.4 million offer for New Jersey's bankrupt Revel Casino Hotel and won. A source confirmed on Tuesday that Straub and Revel have struck a new deal to transfer the compound and its millions-per-month carrying cost.

  6. February 23, 2015

    Revel Sale's Failure Halts Wells Fargo Deal, Power Plant Says

    The utility plant powering the Revel Casino Hotel objected Sunday to a proposed settlement between bankruptcy lender Wells Fargo NA and the official committee of unsecured creditors, saying the deal is unfair and that there's no reason to expedite it since a proposed $95.4 million Chapter 11 sale was terminated.

  7. February 19, 2015

    Revel Free To Court Buyers After Judge Nixes Ch. 11 Sale

    The defunct Revel Casino Hotel in Atlantic City won a judge's blessing Thursday to scrap a $95.4 million bankruptcy sale to Florida developer Glenn Straub, allowing the troubled resort to search a third time for a buyer.

  8. February 17, 2015

    Revel Pushes To Scrap $95M Sale Deal And Find Third Suitor

    A New Jersey bankruptcy judge said Tuesday that she would decide Thursday whether Revel AC Inc. can scrap its $95.4 million sale deal with Florida developer Glenn Straub after hearing the debtor press for a chance to find a third potential buyer for the fallen Atlantic City casino.

  9. February 11, 2015

    Revel Judge Won't Extend Deadline To Close $95M Sale

    A New Jersey bankruptcy judge declined Wednesday to extend the blown Monday deadline for golf course developer Glenn Straub to complete his $95.4 million purchase of Atlantic City's fallen Revel casino, setting up a potential showdown over the would-be buyer's $10 million deposit.

  10. February 10, 2015

    Revel Casino's $95M Sale Falling Apart

    Atlantic City's fallen Revel casino may have lost its second hundred-million-dollar suitor: Word has come out that Florida golf course developer Glenn Straub didn't complete his $95.4 million deal before a midnight deadline.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!