Park Cattle, Horizon trial is under way |

Park Cattle, Horizon trial is under way

Attorneys were in the majority on both sides of the courtroom and file boxes filled with legal records lined the walls as Wimar Tahoe Corp., owner of Horizon Casino Resort in Stateline, faced Park Cattle Co. in Ninth District Court for the first time Wednesday.

Park Cattle Co. is seeking to dissolve a lease with Horizon owner William Yung, charging he has put profits before a promise to Park Cattle to maintain a first-class and competitive casino.

Attorneys for Yung say the casino has fallen on hard times due primarily to the sagging gaming market, not managerial neglect. Park Cattle owns the land and Yung owns the Horizon.

The primary debate revolved around the contract Yung signed with Park Cattle in 1990 and the meaning of “first class” and “competitive,” terms used by Park Cattle in the lease with respect to the Horizon and how it was to be maintained.

“Consider the leases only with respect to the meaning of those terms,” Judge David Gamble told jurors Wednesday. “Not the overall intention, nor extraneous promises.”

The meaning of those words lack definition in the lease, according to Attorney Kirk Lenhard of the Las Vegas firm Jones Vargas, who is representing Yung.

Read more in the weekend edition of the Tahoe Daily Tribune.

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