from Reuters (11/24):
Harrah's sued over Bahamas resort venture-filing
Mon Nov 24, 2008 6:41pm EST
By Megan Davies
"NEW YORK, Nov 24 (Reuters) - Casino firm Harrah's has been accused by its joint venture partner in a $2.6 billion Bahamas resort project of fraud in trying to end their deal to build the resort, according to a court filing.
The dispute is over a deal announced in January 2007 between resort operator Baha Mar Resorts Ltd and casino company Harrah's Entertainment to build a resort in the Bahamas. Starwood Hotels & Resorts Worldwide Inc (HOT.N: Quote, Profile, Research, Stock Buzz) was to manage four hotels at the resort." ...
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