User profile: OldEnvironmentalLawyer
Joined: June 29, 2008
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This fellow William Grounds, who signed Infinity World's form letter to the Nevada legislators, is either crazy or not reading what other people write for him to sign.
In the Delaware lawsuit, Grounds verifies the Complaint, under penalty of perjury, saying that its contents are true and correct. In particular, that Complaint says that all Infinity World wants are money damages, a judicial declaration that MGM Mirage is in default under an unseen joint venture agreement, and a judicial declaration that Infinity World does not have to put any more money in the project.
Yet contradicting that statement made under penalty of perjury, Infinity World/Grounds' letter to the legislators say that Infinity World wants the City Center completed.
Apparently Mr. Grounds doesn't understand that Infinity World not putting more money in the project, and Infinity World wanting the project completed, are two statements which are 180 degrees contradictory, in the practical, real world.
Who is this Mr. Grounds anyway, and where did the Emir and his staff find this clown?
Is it really possible that we are going to be treated to two to five years of contradictory rhetoric from Infinity World and its minions, a level of rhetoric far surpassing that of Governor Gibbons, in terms of its absurdity?
bdover: You are the first person in Las Vegas who I have seen comment on what you apparently know and what I know about Tuscany. If you run the word "Rhodes" through The Sun's archives, and read the stories going back 10 years, you get to see the amazing history of that piece of land and its relationship with the Nevada Department of Environmental Protection.
However, I've never read anything saying that Lake Las Vegas has any toxics problems, so it's not a good idea to confuse the discussion about LLV with Tuscany.
Houstonjac: You say "By aiming for a "breach" in the Partnership agreement, Dubai World seeks to position itself for "damages" , which could, if awarded, place Dubai World in the position of a creditor."
I did a lot of partnership litigation in my time, and the rule is that one partner cannot get a judgment for damages against another partner. The only remedies are (1) a court supervised accounting for all money going in and out of the partnership, including any ripped off by either partner and (2) dissolution of the partnership.
I agree with the commenters who have said that Dubai World filed this lawsuit to provide cover for its decision not to put any more money in the project. The lawsuit will become entirely irrelevant when somebody decides to put the 50/50 City Center joint venture into a Chapter 11 bankruptcy. The case will automatically move into the bankruptcy court's jurisdiction, and he or she will react to it the way bankruptcy judges commonly do with respect to "partnership litigation"...by treating the plaintiff as a cry baby.
HappyHomeowner:
Who has the votes to run your homeowners association, you 20 homeowners or the home builder?
Obviously, you 20 homeowners should try to take over the home owners association...but if you don't have the votes, you should go to one of the local lawyers who handle litigation against home builders.
If your builder controls the HOA, your builder has fiduciary duties to all of you, and if the management company people are acting like jerks the home builder can be held responsible.
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I always love the SNWA commercials where the spokes person assures us that the water complies with "all Federal drinking water regulations".
That's because there are tons of chemicals in the water which are not on the Federal list.
When Nevada adopts California's Proposition 65 and its drinking water standards, then I'll ingest. Meanwhile, I just have to keep buying new paint brushes because our water is so sticky, when I wash my brushes the water glues the brush bristles together. Eeew!