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12-Feb-2018 06:59

The hotel also features a restaurant and newspapers in the lobby.

GCR said Station's action violated the operating agreement requiring Station, as the manager, to run the resort in the best interests of Green Valley Ranch "and with the same care as a prudent person would exercise in the management of its own hotel and gaming properties." Station, in a statement Thursday, said: "We intend to vigorously contest the Greenspuns' baseless claims." "We are extremely disappointed that the Greenspuns have joined the fray of out-of-the-money constituents seeking to bring merit-less lawsuits in connection with our bankruptcy proceedings," Station said in the statement.

In its motion Thursday, GCR Gaming asked the court to dismiss the GV Ranch Station Inc.

case, or to cancel the Green Valley Ranch joint venture operating agreement, or to lift the automatic stay of litigation in bankruptcy cases to give GCR the right to enforce its contractual rights under the agreement.

The goal of Thursday's court filing, he said, is to have Station removed as manager of the joint venture.

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If that happens, he said, arrangements would be made to have another licensed operator take over operation of the resort.The filing listed three unsecured creditors -- all associated with Station -- but didn't say how much they were owed.



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