Country World Casinos Inc. Emerges From Bankruptcy; Moves Closer To Building Black Hawk Hotel/Casino Complex.DENVER--(BUSINESS WIRE)--March 5, 1997--The United States Bankruptcy Court, District of Colorado has ruled that COUNTRY WORLD CASINOS INC. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CWRC CWRC Changjiang Water Resources Commission (also seen as Yangtze River Water Resources Commission, YRWRC) CWRC Catawba Wateree Relicensing Coalition CWRC Child Welfare Research Center CWRC Climb Well to Right of Course ) be dismissed from its pending Chapter 11 Bankruptcy case, subject only to the submission and acceptance of a formal order by COUNTRY WORLD'S counsel. The judge's ruling, issued after a hearing of evidence in court this past Monday, March 3rd, also denied the motion of TommyKnocker Casino Corporation/New Allied Development Corporation to convert the case to a Chapter 7 proceeding. The ruling frees Country World to pay its creditors and enter into financing transactions in order to begin construction of its parking structure casino and hotel property in Black Hawk, Colorado For other uses of Blackhawk/Black Hawk, see Black Hawk. The historic City of Black Hawk is a Home Rule Municipality in Gilpin County, Colorado, United States. The city population was 118 at U.S. Census 2000, making Black Hawk the least populous city in Colorado. . COUNTRY WORLD CASINOS INC., a subsidiary of HOLLY HOLDINGS INC. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :HOPR, HOPRW, HOPRP; BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). : HOP, HOPP), which is headquartered in Bala Cynwyd, Pa., is a casino and hotel development company based in Denver, Colorado whose plan its to construct a parking structure, casino and hotel complex in Black Hawk, Colorado. CONTACT: Roger Leclerc, 303/989-0123 or Elliott Jacobson, 312/943-1100 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion