Parkwest Casinos Boss Wins $47M Judgment Against Lawyer Over Casino M8trx Deal
A California court of law has awarded Parkwest Casinos founding father John Mungo Park $47.4 meg in compensatory redress from his ex-lawyer. That’s for sabotaging his play to purchase a 50 percent stake inwards San Jose’s Casino M8trix, per lawcourt documents.
Park sued his former council Tracey Buck-Walsh in 2016, claiming she had thwarted his efforts to unafraid the stake in Casino M8trix. She allegedly did so by “using Park’s confidential information, assisting his competitors, and making disparaging remarks about Park to regulators and others.”
From 2003 to 2012, Buck-Walsh had provided effectual services for Park’s gaming interests, which include the genus Lotus Casino in Sacramento, the Cordova Restaurant & Casino in Rancho Cordova, as advantageously as identity card clubs inward Lodi, Petaluma, and Livermore.
This mired representing Parkwest Casinos before the CA Gambling Control Commission and the Bureau of Gambling Control. But the human relationship betwixt Mungo Park and Buck-Walsh bust down pat(p) because of a dispute nearly billing rates.
Ethical Breaches
Subsequently, Park in agreement(p) to win half of Casino M8trix from its then-co-owner Eric Swallow. But Swallow’s rival partners inwards the business, Saint Peter the Apostle and Jeanine Lunardi, tried to mental block the deal, and they hired Buck-Walsh.
The sale was also held up by inaction from the play commission, according to Park’s lawsuit. Eventually, in 2017, the military commission approved the sale of Swallow’s stake, but non to Park, to the Lunardis and 2 new partners, Saint Patrick and Jamie Tierney.
Park alleged inwards his complaint that Pearl Sydenstricker Buck Walsh had told the regulator not to O.K. the his deal. He claimed she used knowledge she had gained as his former attorney to badmouth him and drop the agreement, breaching her fiduciary duty.
I cerebrate the panel found the lead of Tracy Buck-Walsh was inwards breach of any figure of honorable obligations she had,” Park’s lawyer, Walter Scott Garner, told The San José Spotlight. “You tin tell they were belike pained past her conduct.”
Buck-Walsh is expected to invoke the verdict, according to The Spotlight.
Park has a disunite causa against the Lunardis that claims they interfered with his contractual correct to purchase Swallow’s stake.
A attorney for the Lunardis, Maurren Harrongton, told The Spotlight this week her clients held a contractual flop of first of all refusal to purchase all the shares inward Casino M8trix, which they exercised.
Conspiracy Theory?
Swallow lost his gaming licence inwards 2015 and had small pick but to sell up. That was after both he and the Lunardis were smasher with similar accusations that they misrepresented Casino M8trix revenues to avoid paying taxes.
But Swallow was dealt with far to a greater extent harshly than his business organization partners. While the Lunardis retained their license and paid a $250,000 penalty, Swallow missed his and was fined a record book $13.8 meg by the gaming commission.
Swallow sued the commissioning inwards a federal lawcourt inwards 2018, claiming the regulator had conspired with the Lunardis against him. But the vitrine was dismissed, and the claims are unproven.
Peter Lunardi passed aside in 2020.