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The Catskill Litigation Trust is pursuing over $5 Billion in judgment and litigation claims against Harrah’s Operating Company, Inc. ("Harrah's") and other persons on behalf of a large number of beneficiaries of the Trust. The Trust has been registered as a public entity with the U.S. Securities & Exchange Commission since January 2004.
The Trust’s judgment and litigation claims against Harrah’s relate back to the intentional interference on April 14, 2000, by Harrah’s predecessor, Park Place Entertainment Corporation, with the development of a Native American casino project by predecessors of the Trust at the Monticello Raceway, Sullivan County, in the Catskills Mountains of New York.
Park Place merged with Harrah’s in June 2005, and Harrah’s assumed all litigation liabilities of Park Place. Harrah’s is currently the sole corporate defendant by virtue of being the surviving corporation in its merger with Park Place.
12-05-2007
Federal Court Denies Harrah's Motion To Dismiss
The action seeks to collect approximately $3 Billion under class action judgments of the St. Regis Mohawk Tribal Court issued in March 2001 for $1.787 billion against Harrah's predecessor, Caesars Entertainment Corporation, and in July 2007 against Harrah's for accrued interest of approximately $1 billion.
12-02-2007
Possible windfall from busted casino plans
St. Regis Mohawk tribe pursues $2.8B judgment from proposed Catskills gambling hall.
11-07-2007
Harrah's Possible Buyout Breakdown
Harrah's is looking less attractive to its buyout suitors.
10-29-2007
Harrah’s buyers face $2.8 billion problem
Legal quagmire with Mohawk Tribe over New York casino is in seventh year
