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George Maloof takes full control of Rain, N9ne Steakhouse

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Moderator: pod

Postby pod on 05 Jan 2011 01:55

George Maloof takes full control of Rain, N9ne Steakhouse

http://www.lasvegassun.com/news/2011/ja ... ment-part/
Palms hotel-casino owner George Maloof Jr. in Las Vegas is parting ways with restaurant and nightclub operator Michael Morton and the parties have settled their litigation.

The litigation, concerning claims Morton mismanaged and diverted some of their joint-venture assets to himself and to his new wine bar restaurant at Wynn Las Vegas, was settled in an "amicable and mutually beneficial" way, the Palms said in a statement today.
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