Subscribe to Print Edition | Fri., September 26, 2008 Elul 26, 5768 | | Israel Time: 03:05 (EST+7) web haaretz.com   Back to Homepage Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Easy Start Travel Week's End Anglo File

Plaza brand worth cash in Las Vegas By Ora Coren Tags: Yitzhak Tshuva, Nochi Dankner  Battling tycoons Poju Zabuldowicz and Yitzhak Tshuva met yesterday at the Acadia hotel in Herzliya, but failed to bridge their dispute over the use of the Plaza brand name in Las Vegas. The two had hoped to reach to an out-of-court agreement over Tshuva's use of the Plaza brand for his project on the Strip. But Zabludowicz rejected a compensation offer. A spokesman for Zabludowicz's Tamares Group declined to comment. Zabludowicz, who operates a hotel by the same name in Las Vegas, has sued Tshuva over his intention to use the name for a new, $7 billion hotel-casino complex that his company Elad Properties is building with Nochi Dankner's IDB group. Tshuva argues that he acquired the right to use the brand throughout the United States when he bought the Plaza Hotel in New York city. Zabludowicz disagreed and sued for $30 million, for damages already incurred. Advertisement A Tshuva spokesman said yesterday that a Nevada court rejected the Tamares Group's allegation that the Elad and IDB had purposefully inflicted damage by their very introduction of the name Plaza into Las Vegas. The court also rejected the allegation of purposeful commercial deception by Elad and IDB, the Tshuva group says. A spokesman for Tamares said the judge had not rejected Zabludowicz's right to compensation. Bookmark to del.icio.us   Fate of the Palestinians Lebanese President tells Bush the future of Palestinian refugees is in their homeland. Bill Clinton on Obama Ex U.S. President delays campaign for presidential hopeful due to Jewish holidays.

Read & React Peres: U.S. has no choice but to save world from Ahmadinejad Responses: 147 Leftist professor on bombing of his home: This is the start of democracy's decay Responses: 123 Aluf Benn: Olmert is from Mars, Abbas is from Venus Responses: 56 Ari Shavit: Netanyahu behaving like a petty man rather than a statesman Responses: 26 Bill Clinton: I'll only stump for Obama after Jewish holidays Responses: 17 More Headlines 01:44 Report: U.S. said no to Israeli strike on Iran 02:41 Dichter: Jewish terrorists tried to murder Prof. Ze'ev Sternhell 19:07 Israel ambassador to UN: General Assembly chief is an Israel hater 01:08 40,000 Israelis attend historic Paul McCartney concert in Tel Aviv 22:37 Abbas, in Washington, thanks Bush for supporting peace 21:29 Israeli authors to Olmert: Save Gilad Shalit now 02:04 Survey: American Jews favor Obama over McCain 00:38 Gaza baby born in Israel to mother left brain dead by stroke 16:20 Authorities arrest six Arabs who stole, sold IDF soldiers' guns 13:04 Peres: U.S. has no choice but to save world from Ahmadinejad 16:34 Hamas rejects list of 450 Palestinians to be swapped for Shalit 22:31 UN to hold open debate on West Bank settlement expansion 01:52 Bill Clinton: I'll only stump for Obama after Jewish holidays 21:08 Saudi researchers map first ever Arab genome Previous Editions Select Day 25 sep 24 sep 23 sep 22 sep 21 sep 19 sep 18 sep 17 sep 16 sep 15 sep 14 sep 12 sep

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