The auction for the resort and retail portions of Fontainebleau Las Vegas will be consolidated, but not the bankruptcies.
Attorney Scott Baena, who is representing the entities developing the more than $2 billion Fontainebleau Las Vegas, filed for Chapter 11 reorganization last week on behalf of the three retail subsidiaries. The request was submitted as part of Carl Icahn’s $156 million stalking-horse bid for the entire project, which was under construction, but has stalled
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