April 27, 2015
LAS VEGAS (AP) - A former Hilton hotel and casino in Las Vegas will get new management under a deal between the property's largest creditor and a court-appointed receiver.
The receiver has been operating the LVH, or Las Vegas Hotel & Casino, since January.
The Las Vegas Review-Journal reports employees of the resort were notified Wednesday that a foreclosure sale is planned in November.
LVH has been in receivership since last September. The hotel-casino used to be the Las Vegas Hilton until Hilton Worldwide in January ended an agreement allowing use of the Hilton brand.
The LVH employs more than 1,800 workers.
Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.