Friday, March 27, 2009
Hey, remember that Vegas project that Dubai was investing in with MGM, CityCenter?

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Well it looks like it's going to hell in a handcart. On Monday Dubai World, the investment arm of the Dubai royal family, sued partner MGM Mirage. That's never good.

Now they've hired bankruptcy counsel, and will likely default on a $220 million payment due today.

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posted by Josh at 7:10 AM |


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