Hearings resume Thursday in Reno bankruptcy court on Station Casinos Inc.'s plan to reorganize, involving lenders foreclosing on some of Station's Las Vegas locals casinos and hotels and other properties being auctioned off.
Minority lenders and unsecured bondholders last week filed new objections to the complicated proposal, with bondholders owed $2.5 billion charging members of Station's founding Fertitta family engineered the deals to benefit themselves.
Minority lenders and unsecured bondholders last week filed new objections to the complicated proposal, with bondholders owed $2.5 billion charging members of Station's founding Fertitta family engineered the deals to benefit themselves.
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