Latest News 2013 March Wynn Seeks $30 Million from Francis, Even After Bankruptcy

Wynn Seeks $30 Million from Francis, Even After Bankruptcy

Casino mogul Steve Wynn will still seek to collect a $30 million debt from Girls Gone Wild founder, Joe Francis, even if Francis moves to protect his companies' assets by filing for Chapter 11 protection. According to reports, after accruing a gambling debt in 2007 at a Wynn Casino, Francis claimed that Wynn used deceptive tactics to keep him gambling - a statement which sparked a 5 year legal battle with accusations of slander and defamation of character. It is reported by a Wynn representative that the lawsuits are not targeting Francis' companies but Francis himself. Further details about the bankruptcy filing are unavailable at this time.

No one wants to file for bankruptcy, but there are cases in which this is the best decision for a person or company to make. You should understand the process of filing and go about it in the correct manner so that your case is resolved in the best possible way. You do not want to have to suffer further as bankruptcy can be a new beginning for your life.

By working with a bankruptcy attorney you can proceed forward with your case in the most beneficial way. You deserve to be able to move forward with your life and a lawyer will be able to help you with just that if you begin discussing your case today. An attorney will know how to handle all aspects of your case including any necessary court proceedings. Please take some time today to contact a bankruptcy lawyer who will always have your best interest in mind during this difficult time.

Categories: Chapter 11 Bankruptcy