Las Vegas Sun

March 18, 2024

Bank of America reaches $300 million settlement over Fontainebleau

1230Fontainebleau01

Steve Marcus

A view of the stalled Fontainebleau resort, right, on Las Vegas Boulevard South on Dec. 30, 2014. Fontainebleau Las Vegas filed for bankruptcy protection in June 2009. Carl Icahn assumed part-ownership of the project in 2010.

Bank of America Corp on Wednesday said it reached a $300 million settlement of a lawsuit brought by lenders that helped finance construction of the failed Fontainebleau Resort and Casino in Las Vegas, which filed for bankruptcy protection in June 2009.

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