The Supreme Judicial Court has found that a plaintiff could not enforce an agreement under which he claimed to be owned an additional nearly $19 million from the sale of a casino site.
As part of their bid to win a casino license in Massachusetts, defendants Wynn MA, LLC, and Wynn Resorts, Limited, entered into an option contract with FBT Everett Realty, LLC, to purchase a parcel of land in Everett and Boston for $75 million.
As Wynn’s casino license application proceeded, the Massachusetts Gaming Commission discovered the possibility of concealed ownership interests in FBT by a convicted felon with connections to organized crime.
