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Posted At : October 7, 2008 09:42 AM | Posted By : D McKee
Related Categories:
Downtown,The Strip
It's game, set and match to El-Ad Properties, after a Clark County jury ashcanned the remnants of Tamares Group's attempt to block El-Ad from building an oversized version of the New York Plaza on the Strip. (Parts of Tamares' case, including a claim for punitive damages, got tossed early on.)
UNLV's David G. Schwartz is too modest to say so, but it sounds like his show-and-tell presentation on the varying identities of the downtown Plaza, aka Union Plaza, was what closed the case for El-Ad. As for Tamares, in pursuing this litigation it's probably lavished more upon lawyers, motions, exhibits, etc., than it's spent on any of its downtown casinos in four wasted years of ownership. And Tamares' claim that it was going to spend $100 million on the former Union Plaza until those Tamares spoilsports came along has the fragrant aroma of bull manure.
Tamares' attorney tried to wring a few jurors' hearts by channeling the feelings of the downtown Plaza, keening that, "I can't be known as the old Plaza, I can't be the cheap Plaza, I can't be the bad Plaza."
Guess what? You already are.
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