John Seelmeyer

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October 29, 2012
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Silver Legacy owners eye sunnier days

Gary Carano looked out the window of his second-floor office at the Silver Legacy last week, watching as clouds from the winter's first storm cleared to allow bright sunshine to fill the sky.Carano, chief executive officer of the partnership that owns Silver Legacy, knew the feeling well.Federal Bankruptcy Judge Bruce Beesley had just blessed a plan to reorganize Silver Legacy's debt, allowing the company a relatively quick exit from the Chapter 11 bankruptcy protection it sought it May.The fresh start plays out for Silver Legacy and its management on three fronts financial, operational and personal.The key to reorganizing the company's …

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Northern Nevada Business Weekly Updated Oct 29, 2012 12:00AM Published Oct 29, 2012 12:00AM Copyright 2012 Northern Nevada Business Weekly. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.