On May 20, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Turnberry/MGM Grand Towers, LLC and its affiliates.
The filing was assigned docket number 644 and is described on the court’s official docket as follows:
Application Motion for Order Authorizing Debtors to Increase Borrowing and Extend Maturity Date, Approving Amend Budget, and Approving Further Amendments to DIP Agreement Budget, and Approving Further Amendments to DIP Agreement Filed by GREGORY E GARMAN on behalf of TURNBERRY/MGM GRAND TOWER B, LLC, TURNBERRY/MGM GRAND TOWER C, LLC, TURNBERRY/MGM GRAND TOWERS, LLC (Attachments: # (1) Exhibit 1 and 2)(GARMAN, GREGORY)
Turnberry/MGM Grand Towers, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 26, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Nevada. The case number for the lead bankruptcy case is 15-13706. The bankruptcy case is currently assigned to United States Bankruptcy Judge August Landis. The law firm of Garman Turner Gordon LLP is acting as lead bankruptcy counsel to Turnberry/MGM Grand Towers, LLC in the bankruptcy case.