Bankruptcy › Indigenous Peoples

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News & Analysis as of May 24, 2013

Tribal Corporate Bankruptcy Petition Raises Issues of First Impression for Bankruptcy Court

by Carren Shulman, Christine Swanick, Wilda Wahpepah | Sheppard Mullin Richter & Hampton LLP on 3/15/2013

On March 4, 2013, ‘SA’ NYU WA, Inc., a tribally-chartered corporation wholly owned by the Hualapai Indian Tribe, filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court, District of Arizona. This is a...more

Tribal Gaming Enterprise Held Ineligible to File for Chapter 11

by Cadwalader - Financial Restructuring on 9/25/2012

Since the passage of the Indian Gaming Regulatory Act in 1988, casinos owned by Native American tribes have proliferated across tribal lands and have generated billions of dollars in revenue annually. While casinos such as...more

Tribal Casino Bankruptcy? Not yet.

by Bracewell & Giuliani LLP on 9/6/2012

In the case of In re Santa Ysabel Resort and Casino, the Bankruptcy Court for the Southern District of California heard arguments on September 4, 2012, as to whether the alleged debtor, a tribal casino, was eligible for...more

Gaming Legal News - August 23, 2012 • Volume 5, Number 19

by Dickinson Wright on 8/29/2012

In This Issue: - TRIBAL CASINO BANKRUPTCIES – THE TRAIN IS LEAVING THE STATION by Dennis J. Whittlesey: There long has been a legal debate as to whether businesses owned and operated by Indian tribes could either...more

Gaming Legal News: September 8, 2011 • Volume 4, Number 27

by Dickinson Wright on 9/8/2011

Seventh Circuit to Lac Du Flambeau: "They Can't Touch You" Lac du Flambeau can continue its casino operations without facing any liability for its $46.6 million bond default two years ago. The bondholder still has some...more

Gaming Legal News - July 27, 2011 • Volume 4, Number 23

by Dickinson Wright on 7/27/2011

In This Issue: - BARSTOW BOUNCES BACK by Dennis J. Whittlesey - SOMEWHERE IN NORTHERN CALIFORNIA IS A REALLY ANGRY TRIBE… by Dennis J. Whittlesey An Excerpt From: BARSTOW BOUNCES BACK With the announcement...more

Restructuring Review - June 2011

by Cadwalader, Wickersham & Taft LLP on 6/27/2011

In This Issue: 01 When Tribal Gaming Goes Sour . . . Rights & Remedies in an Unclear Legal Environment 07 S.D.N.Y. Bankruptcy Court Continues to Construe Bankruptcy Code’s Safe HarborProvisions Narrowly 13...more