Jenner & Block

Firm Wins Victory for Emerald Casino’s Bankruptcy Trustee in Long-Standing Dispute

Jenner & Block won a victory for the bankruptcy trustee of Emerald Casino when the Seventh Circuit upheld a judge’s ruling that six casino executives failed to comply with gambling regulations, causing Emerald to lose its gaming license and go out of business.  In a unanimous opinion, the panel found that an Illinois federal court did not err when it handed down a $272 million judgment against the executives. 

The August 11, 2017, decision means that the trustee, Frances Gecker, can try to collect $219.66 million from the defendants.

Partner Catherine L. Steege led the team representing Ms. Gecker and argued the case before the Seventh Circuit earlier this year.  The team also included Partners Keri Holleb Hotaling and Barry Levenstam and Of Counsel Robert L. Graham.

News of the ruling was reported in media outlets including Law360 and the Chicago Daily Law Bulletin, which quoted Ms. Steege saying that the trustee is “very pleased” with the ruling.