WILMINGTON, DEL. (CN) - Wilmington Trust Co. demands that Tropicana Entertainmentrepay a $960 million loan, claiming Tropicana lost its gaming licensein Atlantic City because of flagrant looting by CEO William J. Yung III. Filing in Delaware Chancery Court, the trustalso wants Yung and vice president Donna More restrained from strippingassets, which include the Casino Aztar Evansville, the Vicksburg Horizon and the Belle of Baton Rouge. See complaint.
Categories / Uncategorized
Subscribe to Closing Arguments
Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.
Additional Reads
-
-
Contributor-Test-Post-2024-04-12 April 12, 2024
