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March 25, 2009

Dubai sues MGM Grand

A copy of the complaint can be accessed here.  I've been saying that I want to write a book on a big public chapter 11 that has some sex appeal.  A case that I can follow from day one and hopefully explain in plain english (which leaves out Lehman Bros.).  The MGM may be it.  The beginning basis for the Dubai suit is the comment by MGM's auditors in the latest report that there is substantial doubt that MGM can survive.  Stay tuned.   

March 25, 2009 in Current Affairs | Permalink


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