• Hard Rock Hotel Las Vegas seeks to block foreclosure

The Las Vegas Hard Rock has filed a lawsuit to try and block a group of lenders, lead by NorthStar, who have filed a notice of foreclosure against the 1,500-room hotel.

The lawsuit said that the plaintiffs were acting "to prevent defendant NorthStar from foreclosing on a major Las Vegas hotel-casino and destroying plaintiffs’ equity value", claiming that it was not given appropriate notice of the move and that it was not behind on payments. NorthStar claims to be owed $96.2m.

See the full story here:
http://www.lasvegassun.com/news/2011/feb/02/hard-rock-hotel-files-lawsuit-over-lenders-foreclo/

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