Nevada Supreme Court upholds ruling over failed luxury condo development
29 November 2012
The Nevada Supreme Court has upheld a ruling against Chris Milam, who has been working to develop a stadium in Henderson, in a case involving an unrelated development. The court on Wednesday upheld a 2010 ruling by Clark County District Court Judge Mark Denton, who found Milam was involved in fraud and breach of fiduciary duty involving a failed plan to develop luxury condominiums west of the Hard Rock hotel-casino in Las Vegas. Denton’s ruling says Milam misappropriated $1.1 million contributed by condo investors and falsely claimed the $1.1 million was his personal equity contribution to the project. Problems with ...
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