Wynn Seeks $30 Million from Francis, Even After Bankruptcy
Posted on Mar 26, 2013 6:55pm PDT
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.
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