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Vegas Nightclub Owned by Longoria Files Bankruptcy | Business

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Vegas Nightclub Owned by Longoria Files Bankruptcy
Business

LAS VEGAS -- A Las Vegas Strip nightclub owned by actress Eva Longoria has filed for bankruptcy to remain operating while reorganizing nearly $5.7 million in debt.

Lawyers for Beso LLC said in a federal Chapter 11 filing on Thursday that they project losing more than $76,000 per month at the CityCenter restaurant and nightspot.

Lawyers say in the U.S. Bankruptcy Court filing in Las Vegas that Beso owes nearly $1.8 million to CityCenter for its lease at the Crystals mall inside the resort complex.

CityCenter is owned jointly by MGM Resorts International and Dubai World. Longoria owns nearly one-third of the business but is also listed as an unsecured creditor.

Lawyers report she gave a cash loan of just over $1 million and paid $375,000 in legal fees.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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