Country World Casinos, Inc. v. Tommyknocker Casino Corp.

ELR Citation: ELR 21253
No(s). 98-1342 (10th Cir. Jun 23, 1999)

The court holds that the amount a bankrupt casino paid to the casino's previous owner for environmental remediation does not offset a debt owed the previous owner. The casino was to make monthly payments to the previous owner under the terms of a promissory note. It suspended payment, however, after...