All posts tagged "Las Vegas Monorail"

(Bethany Barnes, Las Vegas Review-Journal) – Las Vegas Monorail Co. is on its way to effecting a 2000...

(Steven Miller/NPRI) – Just who are the Las Vegas Monorail’s “John Does 1-10”? Currently unknown, they nevertheless are being sued — along with Citigroup — for alleged fraud in the monorail’s bond sales. So says the September lawsuit filed by the Lord Abbett mutual fund group in New Jersey federal court. According...

(Steven Miller/NPRI) – Critics of the selling of the Las Vegas Monorail project and the State of Nevada’s role in it have long predicted that someday the whole affair would end up in court, the subject of fraud litigation. That day has come. Citigroup — which the State of Nevada hired to...

(Steven Miller/NPRI) – The federal judge in charge of the Las Vegas Monorail Company bankruptcy case is ordering, for the second time, the debt-ridden firm to come up with solid evidence that it will ever be financially viable. Unless it does, suggested U.S. Bankruptcy Judge Bruce Markell last week, the company will...