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Question of the Day - 12 February 2013

Q:
What ever became of the lawsuit with The Fremont Experience suing the Plaza [Tamares]?
A:

On May 5, 2010, Fremont Street Experience LLC filed suit against Plaza Hotel & Casino and Tamares Group, the Lichtenstein-based conglomerate that owns the Plaza. Both were charged with failing to pay their electric bill -- $429,990 toward the shared cost of keeping the Fremont Street Experience’s lights burning. FSE claimed that Tamares Real Estate Investments had been delinquent since June 2009.

The Plaza/FSE relationship is a two-way street. "As a member of the Fremont Street Experience, Tamares is included in the attraction’s print advertising, website and overhead Viva Vision display, the lawsuit stated," according to Las Vegas Sun coverage of the litigation.

On Nov. 1, 2011, a summary judgment was entered – in FSE’s favor, according to Experience spokeswoman Mindy Era, who adds that Tamares paid a settlement. The resolution of the case received no news coverage in the dailies and the amount of the settlement remains unknown.

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