Comments on: Cosmopolitan Las Vegas Updates – And My Personal Take On Things

By: Chris

Chris — Sat, 24 Oct 2009 02:43:15 +0000

I know Deutsche Bank made an offer to a class action, but the amount they are offering seems too low.. In case you have already not seen this, there is some good info here:

http://docs.google.com/fileviewid=0B9B0YKakN7f1ZGMzZThiMzgtZWQxZi00NjJkLTk4NGEtMzM0OWVhYTc3YzVj&hl=en

By: Andrew Calvo

Andrew Calvo — Wed, 08 Jul 2009 23:49:48 +0000

Thats the date they are saying it will be finished – but who knows at this point. You are among the many who are looking for answers.

By: Steve

Steve — Wed, 08 Jul 2009 04:07:59 +0000

I am terribly confused….

Is it true that the Cosmo project will be completed by first Q of 2010? If so, how come buyers like myself haven’t heard any update from the Cosmo management? What options and its impact to the buyers who already joined the law suit?

thx,
SB

By: Marvin Lipschultz

Marvin Lipschultz — Mon, 08 Jun 2009 19:15:55 +0000

I am in the same problem. Can U give me info on a class action lwasuit or the lawyer that is handling it?

By: Law suit against Cosmo

Law suit against Cosmo — Mon, 16 Mar 2009 06:56:18 +0000

Is there a class lawsuit against Cosmopolitan? I and another buyer would like to get our deposits back. Please email me. Thanks!

lj123@hotmail.com

By: Andrew Calvo

Andrew Calvo — Thu, 12 Mar 2009 22:32:16 +0000

I really don’t have an opinion. I’m not very familiar with the terms of the contracts that those buyers signed – if there was any language contained which referred to a way out if: the project went into default (which it did) changed ownership (which it did) went over schedule (which it did), plus the value of the condo they placed a deposit on, and the value of the condo today if it were to be closed upon. If anything, I’m very very suprised that the owners of the cosmo have not done anything to appease the buyers besides tell them “don’t worry”. Now that Hilton is getting involved, that can add a whole other dimension – both good and bad for the contract holders: first and foremost, they signed contracts based upon Hyatt providing hotel and condo/hotel services, now Hilton is providing that and completely changing the feel of the project. While I’m sure Hilton will do an excellent job with the redesign and the finished product – its not what the contract was originally signed for – thus people are going to be unhappy.

By: craig bruno

craig bruno — Mon, 09 Mar 2009 14:08:52 +0000

You haven’t addressed the recent lawsuits brought by buyers of the Units at the Cosmo. What is your take?