Two Way Hard Three | Las Vegas Casino & Design Blog

March 18, 2009

LVSUN: Station to Seek Bankruptcy Protection

Posted by Hunter

Not much of a surprise given all that's gone on with the company - it seems they are going to use the bankruptcy laws to attempt to re-organize.

http://www.lasvegassun.com/news/2009/mar/18/station-seek-bankruptcy-protection-april-15/

Not much else to say - just the latest step for Station as it attempts to survive a dramatic fall off of its Las Vegas business combined with the staggering debt load accumulated by going private.



Comments

Read archived comments (1 so far)
March 20, 2009 10:41 AM Posted by Las Vegas USA

i think we will be seeing much more of this very soon. Many companies are standing on their last leg right now.