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Scarinci Hollenbeck’s Bankruptcy & Creditors' Rights practice group regularly provides content on sports and athletic franchises. Our content provides insight on dealing with sports and athletic franchise bankruptcy issues.

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Bankruptcy Judge Voids Revel Casino Sale

Bankruptcy Judge Voids Revel Casino Sale

Date: December 16, 2014

A bankruptcy judge on Dec. 12 voided the proposed sale of the Revel Casino Hotel to a Canadian firm that backed out of the deal. As requested by Revel Entertainment, Bankruptcy Judge Gloria Burns canceled the sale of the casino to Toronto-based Brookfield Asset Management for $110 million, according to The Associated Press. The company […]

  • Former Heisman Trophy Winner Files for Bankruptcy

    Former Heisman Trophy Winner Files for Bankruptcy

    There was a time when Vince Young,  was the most popular man in college football. He was a Heisman Trophy-winning quarterback from the University of Texas, who had just led the Longhorns to a BCS National Championship against the powerhouse USC Trojans. Young proceeded to be drafted 3rd overall by the Tennessee Titans in the […]

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