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Legal Opinion

State, Nevada Gaming Commission v. Southwest Securities

Nevada Supreme Court

Decided May 18, 1992No. 22264Published

1Opinion of the Court

OPINION

2Per curiam

FACTS

Respondent Southwest Securities (“Southwest”) owned real property consisting of the Marina Hotel & Casino (“Marina”) in Las Vegas, Nevada. On December 31, 1980, Southwest leased the Marina to Airport Casino, Inc., and thereafter Airport Casino operated the hotel and casino. In February 1984, Airport Casino filed for protection under Chapter 11 of the Bankruptcy Code. On April 2, 1987, the bankruptcy court converted the proceeding from Chapter 11 to Chapter 7 and appointed trustees to continue operating the hotel and casino. Appellant Nevada Gaming Com*381mission (“Commission”)…

3Cases cited9 opinions

  1. Fox Bakersfield Theatre Corp. v. City of BakersfieldCalifornia Supreme Court · 1950
  2. Sheriff, Washoe County v. SmithNevada Supreme Court · 1975
  3. Walker v. BedfordSupreme Court of Colorado · 1933
  4. Cherry Hills Farms, Inc. v. City of Cherry Hills VillageSupreme Court of Colorado · 1983
  5. Cutter Flying Service, Inc. v. Property Tax DepartmentNew Mexico Court of Appeals · 1977

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