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Golden Nugget Archives - The National Law Forum https://nationallawforum.com/tag/golden-nugget/ Legal Updates. Legislative Analysis. Litigation News. Tue, 19 Sep 2017 14:45:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/nationallawforum.com/wp-content/uploads/2017/11/cropped-grey-temple-Converted.jpg?fit=32%2C32&ssl=1 Golden Nugget Archives - The National Law Forum https://nationallawforum.com/tag/golden-nugget/ 32 32 111745018 Mississippi Gaming Commission’s Special Interim Commission Meeting: September 14, 2017 https://nationallawforum.com/2017/09/19/mississippi-gaming-commissions-special-interim-commission-meeting-september-14-2017/ Tue, 19 Sep 2017 14:45:44 +0000 http://nationallawforum.com/?p=13511 The Mississippi Gaming Commission held a Special Interim Meeting on Thursday, September 14, 2017, at 10:00 a.m. in the Biloxi office of the Mississippi Gaming Commission. Executive Director Allen Godfrey, Chairman Al Hopkins, and Commissioner Jerry Griffith were in attendance. The following matters were considered: Riverboat Corporation of Mississippi d/b/a Golden Nugget Biloxi Hotel and … Continue reading Mississippi Gaming Commission’s Special Interim Commission Meeting: September 14, 2017

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The Mississippi Gaming Commission held a Special Interim Meeting on Thursday, September 14, 2017, at 10:00 a.m. in the Biloxi office of the Mississippi Gaming Commission. Executive Director Allen Godfrey, Chairman Al Hopkins, and Commissioner Jerry Griffith were in attendance. The following matters were considered:

Riverboat Corporation of Mississippi d/b/a Golden Nugget Biloxi Hotel and Casino received approval of the following:

  1. Registration of Golden Nugget, Inc. as a Holding Company of Riverboat Corporation of Mississippi

  2. Registration of Landry’s Gaming, Inc. as a Holding Company of Riverboat Corporation of Mississippi

  3. Transfer of the Equity Interests or Securities of Riverboat Corporation of Mississippi

  4. Pledges of Equity Interests or Securities in Connection with the Credit Facility

  5. Imposition of Equity Restrictions Including Negative Equity Pledges in Connection with the Credit Facility

These approvals were in connection with a restructuring of the ownership of the Golden Nugget companies in order to facilitate the acquisition of the Houston Rockets NBA basketball team.

This post was written by Thomas B. Shepherd & Christopher S. Pace  of Jones Walker LLP © 2017
For more legal analysis go to The National Law Review

The post Mississippi Gaming Commission’s Special Interim Commission Meeting: September 14, 2017 appeared first on The National Law Forum.

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