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IN RE TROPICANA ENTERTAINMENT, LLC

Case No. 08-10856 (KJC). Jointly Administered Adversary No. 10-50289 (KJC).

520 B.R. 455 (2014)

IN RE: TROPICANA ENTERTAINMENT, LLC, et al., Reorganized Debtors. Lightsway Litigation Services, LLC, as Trustee of Tropicana Litigation Trust, Plaintiff, v. William J. Yung, III; Wimar Tahoe Corporation, f/k/a Tropicana Casinos and Resorts, Inc.; and Columbia Sussex Corporation, Defendants

United States Bankruptcy Court, D. Delaware.

Signed November 25, 2014.

Attorney(s) appearing for the Case

Herbert Beigel , Herbert Beigel & Associates, LLC, Tucson, AZ, Joseph Grey , Cross & Simon LLC, Sean Timothy O'Kelly , O'Kelly & Ernst, LLC, Wilmington, DE, for Plaintiff.

D. Andrew Bertorelli, Jr. , Spector, Gadon & Rosen, P.C., Moorestown, NJ, for Defendants Columbia Sussex Corporation and Wimar Tahoe Corporation.

Jennifer Myers Chalal , George M. Vinci, Jr. , Spector, Gadon & Rosen, P.C., Philadelphia, PA, Sandra G.M. Selzer , Greenberg Traurig, LLP, Wilmington, DE, for Defendants Columbia Sussex Corporation, Wimar Tahoe Corporation and William J. Yung, III.

Lee E. Kaufman , Richards, Layton & Finger, P.A., Wilmington, DE, for Debtors.

Chapter 11

MEMORANDUM

BY: KEVIN J. CAREY, UNITED STATES BANKRUPTCY JUDGE.

BACKGROUND

On May 5, 2008, Tropicana Entertainment, LLC ("Tropicana") and several related entities (the "Debtors") filed voluntary chapter 11 bankruptcy petitions in this Court. The Debtors were affiliated hotels and casinos located in Nevada, Mississippi, New Jersey, Indiana and Louisiana. On May 6, 2008...

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