Las Vegas Sun

April 25, 2024

Ex-nightclub kingpin sues former partners over $700,000 loan

Former Las Vegas nightclub kingpin Steve “Stevie D.” Davidovici has filed a lawsuit seeking payment of a two-year, $700,000 loan he made to his former partners in a Strip nightclub.

The lawsuit, which was filed recently by Davidovici and his wife, Charissa Davidovici, seeks repayment of the loan, interest and legal fees, plus more than $30,000 in damages, compensatory damages and punitive damages.

The loan was made June 6, 2011, to the partners of the Chateau nightclub at the Paris Hotel & Casino, the lawsuit says. At the end of the two-year period, the sum of the loan payments and interest charges was to be $759,818.50, the lawsuit says.

Among those named as defendants are Carey Jenkins, Perry Rogers and Roland Sturm, Davidovici’s former partners in the nightclub.

The lawsuit alleges the defendants conspired to convert the original two-year loan with two other loans amortized over 15 years “of inferior quality and terms” that were not approved by the Davidovicis.

The two notes, attached as exhibits to the lawsuit, are for a 15-year amortized loan for $543,830.24 to Chateau and for a 15-year amortized loan to Buenas Nocas LLC for $156,169.76.

Davidovici, a former managing partner in Chateau, left the group during the summer as he was being sentenced in a tax evasion case.

Davidovici pleaded guilty to filing a false federal income tax return in that case that resulted from an IRS probe into tips that were not reported as taxable income when he was formerly a part owner and manager of Pure nightclub at Caesars Palace.

In that case, he was sentenced to house arrest and probation. However, the sentence is being reviewed by Chief U.S. District judge for Nevada Robert Jones. Federal prosecutors had sought a stiffer sentence.

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