As many gamblers know, things can get expensive in a hurry in Atlantic City. The latest proof is the Tropicana Casino and Resort, where the 20-month effort to sell the business has racked up nearly $7.7 million in legal and consulting fees, with still more to come. Among those being paid: Conservator and retired state Supreme Court Justice Gary Stein received $829,468, and his law firm, Pashman Stein, got almost $1.3 million. Debevoise & Plimpton received $3.2 million, and bankruptcy law firm Cole Schotz got $1.1 million.
July 15, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
As many gamblers know, things can get expensive in a hurry in Atlantic City.
The latest proof is the Tropicana Casino and Resort, where the 20-month effort to sell the business has racked up nearly $7.7 million in legal and consulting fees, with still more to come.
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