Cases & Deals

Investment bank secures dismissal of claims brought against it by Florida Gaming and also recovers on its proof of claim against Florida Gaming

Clients Investment Bank

Jones Day represented a boutique investment bank both in securing the dismissal of claims brought against it by Florida Gaming Centers and Florida Gaming Corporation, and in prosecuting a contingent claim against the Florida Gaming parties in their ensuing bankruptcy proceedings. The matters were resolved by a court-approved settlement in which the investment bank received full releases from the Florida Gaming parties and an allowed claim against Florida Gaming Centers in its bankruptcy. The allowed claim was paid in full following confirmation of Florida Gaming Center's plan of liquidation.