High Court Denies Certiorari In Case Involving Sale Of Interest In Casino

Mealey's (June 18, 2015, 4:15 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Feb. 23 denied a petition for writ of certiorari in case for breach of contract after the buyers and guarantors breached their payment obligations for the purchase of membership interest in a casino, leaving stand lower court decisions finding that the plaintiffs could not unilaterally modify the guaranty agreement and that the Indian tribe and its authority had not waived its defenses to the claims (Ted Gatzaros, et al. v. The Sault Ste. Marie Tribe of Chippewa Indians,...
To view the full article, register now.