In Re Las Vegas Monorail Co.
United States Bankruptcy Court, D. Nevada
1Opinion of the Court
ORDER DENYING CONFIRMATION
BRUCE A. MARKELL, Bankruptcy Judge.
The Las Vegas Monorail Company (“LVMC”), debtor and debtor in possession in this case, owns and operates a 3.9 mile long monorail which connects several hotels in Las Vegas. 1 After many months of difficult negotiations, it seeks to confirm its plan of reorganization. For the reasons set forth below, confirmation is denied.
As noted by others, “[t]he monorail was and is a fiasco.” Richard L. Epling, Kerry A. Brennan & Kent P. Woods, Monorail, Monorail, Monorail: Chapter 9 and Restructuring Issues Relating to Municipal Authorities, 20…
2Cases cited21 opinions
- In the Matter of Pizza of Hawaii, Inc., Debtor. Pizza of Hawaii, Inc. v. Shakey's, Inc.Court of Appeals for the Ninth Circuit · 1985
- In Re Acequia, Inc., Debtor. Acequia, Inc. v. Vernon B. ClintonCourt of Appeals for the Ninth Circuit · 1986
- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
- Crestar Bank v. Walker (In Re Walker)District Court, E.D. Virginia · 1994
- F.H. Partners v. Investment Co. of Southwest (In Re Investment Co. of the Southwest)Bankruptcy Appellate Panel of the Tenth Circuit · 2006
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3Cited by2 opinions
- In re CWNevada LLCUnited States Bankruptcy Court, D. Nevada · 2019
- Claar Cellars LLCUnited States Bankruptcy Court, E.D. Washington · 2021