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Prive Nightclub Files For Chapter 11 Bankruptcy
Planet Hollywood Nightclub Remains Open
POSTED: 4:34 pm PST November 12, 2009
UPDATED: 5:23 pm PST November 12, 2009
LAS VEGAS -- Prive nightclub in Las Vegas' Planet Hollywood has filed for Chapter 11 bankruptcy protection.The club filed for bankruptcy in the U.S. Bankruptcy Court in the Southern District of Florida, according to Vanessa Menkes, the vice president of communications for the Opium Group, which manages the club.The club remains open, and its owners said in the filing that they want it to remain open.Prive said in court documents that it has less than $50,000 in assets and between $1 million and $10 million in liabilities.A judge on Thursday approved a motion letting the club employees receive pay and benefits.Prive was shut down in July after county officials revoked its liquor license. It reopened four weeks later after new owners came in, and it now operates under a 90-day license.Video: 
Vegas Nightclubs Investigated After Prive BustedClub management had been under scrutiny since a scathing report from the Gaming Control Board, which cited numerous violations and ultimately led to the club losing its liquor license.Read The Gaming Board’s ComplaintPrive’ was allowed to reopen but management had been ordered to clean up its act.Related Link: PriveThe Gaming Control Board’s report included complaints that drug use was prevalent inside the club. Gaming officials also said there were accusations that Prive' employees assaulted customers, both physically and sexually.
Vegas Nightclubs Investigated After Prive BustedClub management had been under scrutiny since a scathing report from the Gaming Control Board, which cited numerous violations and ultimately led to the club losing its liquor license.Read The Gaming Board’s ComplaintPrive’ was allowed to reopen but management had been ordered to clean up its act.Related Link: PriveThe Gaming Control Board’s report included complaints that drug use was prevalent inside the club. Gaming officials also said there were accusations that Prive' employees assaulted customers, both physically and sexually.
Previous Stories:
- September 2, 2009: Report Cites New Problems With Prive'
- September 1, 2009: Lawmakers Debate Vegas Nightclub’s Future
- August 21, 2009: Scandal-Plagued Nightclub Reopens Friday
- August 18, 2009: Prive Granted Temporary License
- August 18, 2009: No Pole Dancing If Prive Reopens
- August 17, 2009: Prive Could Get Temporary Liquor License
- August 14, 2009: Prive, Living Room Withdraw Appeals
- July 31, 2009: Former Employee Accuses Prive Of Racism
- July 28, 2009: Prive Appealing Liquor License Denial
- July 27, 2009: Last Call For Scandal-Plagued Nightclubs
- July 23, 2009: Prive, The Living Room Nightclubs Forced To Close
- July 23, 2009: Planet Hollywood Agrees To Pay Prive Fine
- July 14, 2009: Prive Busted: Drugs, Prostitution Alleged
- July 13, 2009: Gaming Report: Sex, Drugs Reigned At Prive
- July 13, 2009: Planet Hollywood To Pay $750K Fine
Copyright 2009 by KVVU.com. The Associated Press contributed to this report. All rights reserved.
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