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CHURCHILL DOWNS, INC. v. RIBIS

Civ. No. 14-03342 (KM) (MAH).

499 F.Supp.3d 82 (2020)

CHURCHILL DOWNS, INC., Plaintiff, v. Nicholas L. RIBIS, Sr. and NLR Ventures, LLC, Defendant.

United States District Court, D. New Jersey.

Signed November 9, 2020.

Attorney(s) appearing for the Case

Cathleen Marie Devlin, Patrick Francis Nugent, Saul Ewing Arnstein & Lehr LLP, Philadelphia, PA, Ryan L. Di Clemente, Saul Ewing Arnstein & Lehr LLP, Princeton, NJ, for Plaintiff.

William F. O'Connor, Jr., Joseph P. Lasala, McElroy, Deutsch Mulvaney & Carpenter, LLP, Morristown, NJ, James J. DiGiulio, O'Toole Scrivo Fernandez Weiner Van Lieu, LLC, Cedar Grove, NJ, Stephanie Lopez, Stevens & Lee, Paramus, NJ, for Defendant Nicholas L. Ribis.

Joseph P. Lasala, McElroy, Deutsch, Mulvaney & Carpenter, LLP, Morristown, NJ, Stephanie Lopez, Stevens & Lee, Paramus, NJ, for Defendant NLR Ventures, LLC.

OPINION

In 2013, defendant Nicholas L. Ribis signed an agreement with plaintiff Churchill Downs, Inc. ("CDI") to purchase a casino in Atlantic City. Ribis signed the agreement on behalf of two purported LLCs: NLR Entertainment, LLC, ("NLRE") and its subsidiary, NLR Acquisitions, LLC, ("NLRA") (collectively, the...

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