The Shingle
Springs Band of Miwok Indians of California has been ordered to pay $30 million to a former gaming partner but the judgement is being stayed while the tribe pursues an appeal.
The tribe and Sharp Image opened a gaming facility in 1996 but it closed a year later.
The tribe subsequently with Lakes Entertainment to
open the $200 million Red
Hawk Casino.
Sharp Image sued the tribe to enforce the old deal, claiming it was owed $100 million. A jury awarded the company $30 million.
"We are confident the court will stand by its original ruling, and reject Sharp's effort to collect on a judgment while we appeal to a higher court," Chairman Nicholas Fonseca said in a press release.
In court papers, the tribe is warning of "catastrophic consequences" if the $30 million judgement is upheld.
Get the Story:
Red Hawk Casino near Sacramento may close if forced to pay judgment
(KXTV 2/25)
Jury verdict may force Red Hawk Casino's closure, Shingle Springs tribe says
(The Sacramento Bee 2/25)
Related Stories:
Shingle Springs
Band in state court with old casino partner (2/12)
Business Deals | California | Litigation
Judge rules against Shingle Springs Band in casino dispute
Monday, February 27, 2012
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