HISTORICAL RESTRUCTURING AGREEMENTRestructuring Agreement • January 11th, 2024
Contract Type FiledJanuary 11th, 2024Station Casinos, Inc., represented by Dawn Cica and Laury Macauley of Lewis and Roca as Nevada counsel to Milbank, Tweed, Hadley & McCloy, completed its reorganization and officially exited bankruptcy some $4 billion lighter in debt; the deal returns operating control of the company to two members of Station's founding family. Since its founding 35 years ago, the company has been the biggest gaming, casino, and resort operator in Nevada, with 13,000 employees and 18 operating resorts and casinos. Its Chapter 11 bankruptcy filing, with $6.5 billion in listed debt, was one of the largest ever in the casino industry.
HISTORICAL RESTRUCTURING AGREEMENTRestructuring Agreement • November 15th, 2023
Contract Type FiledNovember 15th, 2023Station Casinos, Inc., represented by Dawn Cica and Laury Macauley of Lewis and Roca as Nevada counsel to Milbank, Tweed, Hadley & McCloy, completed its reorganization and officially exited bankruptcy some $4 billion lighter in debt; the deal returns operating control of the company to two members of Station's founding family. Since its founding 35 years ago, the company has been the biggest gaming, casino, and resort operator in Nevada, with 13,000 employees and 18 operating resorts and casinos. Its Chapter 11 bankruptcy filing, with $6.5 billion in listed debt, was one of the largest ever in the casino industry.
HISTORICAL RESTRUCTURING AGREEMENTRestructuring Agreement • April 6th, 2023
Contract Type FiledApril 6th, 2023Station Casinos, Inc., represented by Dawn Cica and Laury Macauley of Lewis and Roca as Nevada counsel to Milbank, Tweed, Hadley & McCloy, completed its reorganization and officially exited bankruptcy some $4 billion lighter in debt; the deal returns operating control of the company to two members of Station's founding family. Since its founding 35 years ago, the company has been the biggest gaming, casino, and resort operator in Nevada, with 13,000 employees and 18 operating resorts and casinos. Its Chapter 11 bankruptcy filing, with $6.5 billion in listed debt, was one of the largest ever in the casino industry.