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Golf course developer Bill Walters’ money is apparently no good – at least when it comes to closing the litigation over the failed sale of the Stallion Mountain Country Club.
The creditors that took over the bankrupt Rhodes Cos. Inc. have sued former owner Jim Rhodes for improperly pulling $132 million out of the company before its collapse.
U.S. District Judge James Mahan on Tuesday unsealed and consolidated the cases against 14 new defendants in the federal investigation into fraud and corruption at Las Vegas Valley homeowners associations.
A lawsuit over a failed oil company investment by Kirk Kerkorian’s Tracinda Corp. – one that started with a personal poke at former longtime friend Edward “Tiger” Mike Davis – has settled quietly on undisclosed terms.