AmLawDaily Coverage of Foxwoods Restructuring Deal


An excerpt:

Though Yoon won’t say if Weil is handling other Indian casino matters, there is likely be more such work for some work to snap up in the not-too-distant future. Moody’s downgraded its ratings on several Indian-owned casino bonds earlier this year, issuing a “probability of default” rating on $200 million worth of notes tied to a Sacramento  casino operated by the Buena Vista band of the Me-Wuk Indian tribe and a similar warning on $300 million in notes connected to a Washington State casino operated by the Snoqualmie Tribe.