Tags: US | Tropicana | Name | Lawsuit

Icahn Files Suit Over Tropicana Las Vegas Name Use

Tuesday, 17 Aug 2010 03:49 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Billionaire investor Carl Icahn is suing the Tropicana Las Vegas hotel-casino in hopes of forcing it to pay royalties for using its 52-year-old name.

Icahn-owned Tropicana Entertainment Inc. filed suit last week in U.S. bankruptcy court in Delaware.

Icahn's company is now separate from the Las Vegas hotel. It says the Las Vegas Strip resort is using the name and other trademarks for free.

Tropicana Entertainment LLC went bankrupt in 2008. The resort was spun off to investors.

Icahn bought the rest of the company, which is now based in Las Vegas under the slightly different name.

During the bankruptcy case, Icahn's company proposed the Las Vegas resort pay $10 million to use the name for five years.

Hotel officials say they shouldn't have to pay to use the name.

——

Information from: Las Vegas Sun, http://www.lasvegassun.com

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Gallup Poll: Record Disapproval Ratings for Obama on Economy

Thursday, 17 Apr 2014 22:41 PM

More than half of Americans said they had virtually no confidence in President Barack Obama's ability to improve the nat . . .

McFarlane: US Must Respond to Russian Aggression With 'Strength'

Friday, 18 Apr 2014 07:13 AM

Former National Security Adviser Robert McFarlane called on U.S. officials to counter Russian aggression in Ukraine with . . .

Cliven Bundy: Supporters Are 'Loving,' not Terrorists

Friday, 18 Apr 2014 06:48 AM

Rancher Cliven Bundy says people supporting him against attempts by the Bureau of Land Management to take over land he i . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved