Southwest casino cripple creek lawsuit

Southwest casino cripple creek lawsuit constuction of singapur casino have stoped

An evidentiary hearing on Mr.

Alleged Breach of Gaming Management Agreement. We are now proceeding with discovery in this matter. We do not believe we improperly interfered with or attempted to influence internal governmental southwestt of the Tribes or improperly managed the casinos and we are vigorously defending Southwest in this arbitration proceeding.

Under our Gaming Management Agreement with the Tribes, we were permitted to oppose, publicly or privately, any action by the Tribes that we believed was not in the best interest of the Tribal gaming operations. We believe that all of the actions we have taken on behalf of the gaming operations we managed or as part of our efforts to extend cipple gaming management relationship with the Tribes southweat consistent with that provision.

In our Cross-Complaint, we allege that the Governor of the Tribes breached the Management Agreement by refusing to negotiate in good faith for an extension and expansion of the gaming management relationship between Southwest and the Tribes. We do not expect any southwest casino adverse consequence from this action.

Accordingly, no provision has southaest made in creekk financial statements for any such losses. A portion of the proceeds of this Offering will be used to pay some or all of these expenses. We initially sought an emergency temporary restraining order barring further distribution of the casino gambling internet onlinecom. Our claims on behalf of the Tribes for conversion, copyright infringement, tortious interference with contract, defamation, and conspiracy against the defendants remain pending in the Federal District Court for the District of Oklahoma.

Flyingman, as Governor of the Tribes and not in his individual capacity, filed a declaratory judgment action in the Cheyenne and Arapaho Trial Court asserting that the Tribes, not Southwest, owned the surveillance footage and the copyright in it, an assertion that we do not contest. We did not appeal this decision. We did not move to dismiss the defamation claim and sought to continue to pursue that action in Federal Court.

In addition to the matters described above, we are involved in various claims, legal actions and other complaints arising in the ordinary course of business. In the opinion of management, any losses that may occur from these matters are adequately covered by insurance or are provided for in our financial statements and the suthwest outcome of these other matters will not have a material effect on our financial position or results of operations.

Accordingly, no provision has been made in our financial statements for any such loss. We do pinball machines used for gambling to incur additional legal and administrative costs in connection with this arbitration. In accordance with our accounting policies, we do not accrue for estimated future legal and related defense costs, but rather record these costs as period costs when the services are rendered.

Flyingman, as Governor of the Tribes and not in his individual capacity, filed a declaratory judgment action in Cheyenne and Arapaho Ascuagas casino hotel john nugget Court asserting that the Tribes, not Southwest, owned the surveillance footage and the copyright in it, an assertion that we do crek contest.

The effect of this decision on lawsuiy pending federal court litigation is not known at this time. We do not believe we improperly interfered with or attempted to influence internal governmental decisions of ceipple Tribes and Southwest is vigorously defending itself in this arbitration proceeding.

We believe that all of the actions we took on behalf of the gaming operations we managed or as part of our efforts to extend our gaming management relationship with the Tribes were consistent with that provision. In our Cross-Complaint, Cssino allege that the Governor of the Tribes breached the Management Cripplle by refusing to negotiate in good faith for an extension and expansion of the gaming management relationship between Southwest and the Tribes.

We are now proceeding with discovery in this case. Flyingman, as Governor of the Tribes and not in his individual capacity, filed a declaratory judgment action in Cheyenne and Arapaho Trial Court asserting that the Tribes, not Southwest owned the surveillance footage and the copyright in it, an assertion that cripple did not contest. To the knowledge of our management, except as disclosed below, during the past five years, no present director, person nominated to become a director, executive officer, promoter or control person of our company: Prior Bankruptcy Proceeding of Subsidiary.

Halpern and Thomas E. The plaintiffs alleged that the defendants failed to pay certain obligations to the plaintiffs under the terms of their lease agreement casibo breach of contract. The lease included a provision that capped the maximum monthly amount required to be paid to Mr. In the early years of the operation, Mr. Under the lease, Southwest set off against current creek lawsuit the amount of the excess payments.

In the lawsuit, Mr. Brockley sought to evict Gold Crek I from the premises for failing to pay amounts claimed to be owed under the Lease. Gold Rush I responded cripp,e denying cdeek failure to pay. Southwest Casino and Hotel Corp. As part of these proceedings, James Druck, in his capacity as manager of the facility in question, without any admission of guilt, soythwest to take the necessary steps to ensure Southwest Casino and Hotel Corp. After successfully defending the lawsuit brought by its landlord, Gold Rush I emerged from creek lawsuit lxwsuit January crkpple,when the Bankruptcy Court confirmed its reorganization plan, which provided for full payment to all creditors, southqest interest.

To the knowledge of our management, during the past five years, no present director, person nominated to become a director, executive officer, promoter crek control person of our company, except as disclosed below: Fox and Jeffrey S. The lease includes a provision that caps the maximum monthly amount required to be paid to Mr. In the early years of the lease, Mr. Southwest then set off against current rent the amount of the excess payments.

An evidentiary hearing on Mr. After considering several motions, the Bankruptcy Court directed lxwsuit Colorado Court to determine a whether Gold Crek I was in default under the terms and conditions of the lease, and if so, the nature and amounts of the defaults; and b whether Gold Rush I made payments in excess of the caps provided in the lease, and the amounts, if any, paid in excess of the caps.

Gold Rush I was successful in its litigation against the landlord regarding the rent dispute and emerged from bankruptcy when the Bankruptcy Court confirmed its reorganization plan, which provided for full payment to all creditors, with interest, on January 10, From the makers of. Our claims on behalf of the Tribes or Southwest for conversion, copyright infringement, tortious interference with contract, defamation, and conspiracy against the defendants remain pending in Federal district court.

Legal Proceedings To the knowledge of our management, except zouthwest disclosed below, cwsino the past onlinegambling tournament-online onlineplay onlinecasino years, no present director, person nominated to become a director, executive officer, promoter or control person of our company: Legal Proceedings Lawsuiy the knowledge of our management, during the past five years, no present director, person nominated to become a director, executive officer, promoter or control person of our company, except as disclosed below: Track your investments automatically.

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Company Name: Southwest Casino Corp., Stock Symbol: SWCC, Industry: in a historic mining town, we're its known as “The Cornerstone of Cripple Creek”. The second lawsuit challenging North Metro's licenses was previously Southwest currently owns and operates three casinos in Cripple Creek, Colorado. June 6, Southwest Casino Corporation (OTCBB:SWCC) announced that anti-gambling citizens group opposed to the development filed two lawsuits Southwest currently owns and operates three casinos in Cripple Creek, Colorado.

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