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MGM Filing Could Signal Bankruptcy
MGM, Dubai Did Not Comment
POSTED: 11:05 pm PDT April 1,
2009
UPDATED: 11:31 pm PDT April 1,
2009
LAS VEGAS -- MGM Mirage said in a regulatory filing Wednesday that its bank lenders have allowed the company to earmark up to $20 million for expenses for safety connected with the CityCenter project, The Las Vegas Sun said.The Sun said a source did not indicate a bankruptcy filing was coming but said it could signal a halt in construction if that were the case.Both MGM Mirage and Dubai World officials declined to comment on the filings.
Previous Stories:
- March 27, 2009: MGM Mirage Makes $200M Equity Payment
- March 27, 2009: Bankruptcy Rumors Swirl Around CityCenter
- March 24, 2009: MGM: CityCenter Suit 'Without Merit'
- March 23, 2009: Dubai Partner Sues MGM Mirage
- January 12, 2009: CityCenter Opens Employment Center
- January 7, 2009: CityCenter Cancels Condo Project
- January 5, 2009: CityCenter Seeks 12K Employees
- November 18, 2008: Reports Say Workers Not Safe Enough
