🎰 Seminole Hard Rock Hotel and Casino | Robert Toussie

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A Jan. 22 lawsuit filed in Palm Beach County accuses developer Richard Fields and Brandy Coletta of not properly compensating their horse.


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After Trump backed out, Fields pursued the deal, co-developing the two Seminole Hard Rock Casino and Hotel resorts in Trump later.


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Court action comes in midst of casino license suitability review A major investor in Sterling Suffolk was Richard Fields, who runs Coastal.


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The principal in Sterling Suffolk Racecourse is Richard Fields, who had sought the casino license for Suffolk Downs. According to the suit.


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After Trump backed out, Fields pursued the deal, co-developing the two Seminole Hard Rock Casino and Hotel resorts in Trump later.


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After Trump backed out, Fields pursued the deal, co-developing the two Seminole Hard Rock Casino and Hotel resorts in Trump later.


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Court action comes in midst of casino license suitability review A major investor in Sterling Suffolk was Richard Fields, who runs Coastal.


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After Trump backed out, Fields pursued the deal, co-developing the two Seminole Hard Rock Casino and Hotel resorts in Trump later.


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Richard Dimples Fields - Taking Applications

But I think, maybe, in the end, he lost sight of the fact that his own interests and the interests of the tribe weren't always the same. But the continued saga of the Seminoles scared investors away. The contracts also gave the firm the right to use the Seminole name to market casino development services to other tribes as long as the Seminoles received 7 percent of the proceeds. Merrill Lynch started trolling for investors in October , and had little trouble impressing them with the casinos' estimated profits and the bonds' tax-free interest rates of up to 10 percent. And a new deal was on. Israel, an attorney who helped arrange the project's tax-exempt bonds - the first time such financing has ever been used for an Indian gambling project. You can't deny that. He was soon banned from the reservation, current and former tribal officials say, because of his history with Trump, whose criticism of Indian gambling had annoyed Native American leaders years earlier. Cordish calls it his proudest accomplishment. Now 34, he encountered Billie in the late s when the chairman offered to pay for his child's hospital visit after pleas from Cox's wife, who is a Seminole. Fields or his company contributed tens of thousands of dollars to politicians and political committees in Florida and other key gambling states, sometimes stating on campaign finance reports that Power Plant was his employer. The new Cordish Co. Ask him about that motorcycle video game. Thinking big By the summer of , the Seminole project had evolved into a two-city plan to build hotel and casino complexes under a licensing agreement with Orlando-based Hard Rock Cafe International, a firm the Cordish Co. On May 10, , Cox resigned amid the federal and tribal investigations - the same day that O'Donnell filed her lawsuit in federal court. And while everyone was smiling at the groundbreaking, financing for the new hotel-casinos was far from assured. The only five-time winner of the Urban Land Institute's prestigious development awards, the company has carried out successful projects in Houston, Charleston, S. Its development success aside, the Cordish Co. Billie says he rejected the concept because he had once been snubbed at a political function by Jimmy Buffett, who had parlayed his popular song into a chain of theme restaurants. A difficult path On Jan. Three months earlier he had been brought in by Merrill Lynch, the underwriter of the Seminole bond offering, to preside over the financing package for the tribe's Hard Rock casinos - a deal that the company had termed "Project Paradise. A decisive moment Precisely when the relationship between Fields and the Cordish Co. The resort-style facility near Tampa that opened fully on Thursday, and the flagship project in Hollywood expected to open in May, are among the most envied and potentially profitable casinos in the Indian gambling industry. Over a long weekend at the end of July, after months of negotiations, the tribe signed two contracts with Power Plant, the Cordish Co. But I don't believe that either. To help with that new effort - and, David Cordish says, to meet a demand of the Seminoles - Power Plant also formed a partnership with Cox, enlisting him as a consultant and promising him 20 percent of any deal he could land. Fields and Weinberg spoke with the tribe's lawyers and others involved in the deal nearly every day for long stretches, and sometimes several times a day. The Cordish Co. On May 24, , citing the sexual harassment allegations against their longtime chairman and lingering questions about his handling of tribal finances, the other four members of the Seminole council voted unanimously to suspend Billie. Billie," O'Donnell said in a sworn affidavit filed two years later in a federal lawsuit Billie brought against the tribe. Saying that they were unaware of the tribe's businesses in Central America, the councilmen ordered a tribal investigation and began a campaign to rein in Billie. He'd exercised all his usual charms to land a casino development deal with the Seminole Tribe of Florida - hiring lobbyists, wheedling politicians, indulging tribal leaders at his Manhattan office tower - but none of it took root, and the author of The Art of the Deal abandoned the cause. And he would not stay banned for long. Weinberg, a Cordish Co. Still, Seminole officials were interested, and a background check revealed the Cordish Co. According to his billing records, filed among the volumes of public documents relating to the bond sale, Israel spent five hours discussing the article and other "due diligence" concerns surrounding the Hard Rock deal. But Fields was no longer working for Trump when he showed up on the Seneca reservation. The event had been delayed once before because the project's financing was shaky, but this time tribal officials and their development partners poked shovels in the dirt and triumphantly declared the complications resolved. But for more than a year, the Hard Rock development team was meeting and negotiating with the tribal attorneys and officials battling with Billie. Cox - engaged as a Cordish Co. At one point, growing increasingly impatient, company officials tried to fire Merrill Lynch and hire another underwriter, according to Israel.{/INSERTKEYS}{/PARAGRAPH} According to Billie, the Seminoles had never heard of the Cordish Co. And Power Plant's contract with the Seminole Tribe lists three parties that are empowered to accept legal service of documents on the company's behalf: the Cordish Co. Fields, a business associate and one-time manager for Marla Maples, then Trump's wife, worked the Seminole casino project on the developer's behalf and declared it a lost cause. All shared a common interest - keeping Billie and his associates from causing more damage to their fragile project. Cooper, for one, believes the Senecas should have signed with Cordish instead. He did not respond to repeated requests for an interview. How Fields, 58, came to the casino development business is unclear. Tribal official Timothy W. Pushed by the bond team to protect investors from the vagaries of tribal politics, the law was passed by the tribal council in August and led to the rejection of a petition from Billie that was signed by hundreds of Seminoles who wanted him reinstated. Cox's contract with the Cordish Co. Billie and Cox, saying they wanted to rein in the tribe's spending, had begun placing budget restrictions on other members of the five-member ruling council, which Billie chaired. There is no evidence that the Cordish Co. They helped write and implement new tribal laws and issued lengthy legal opinions in hopes of pacifying nervous investors. Petersburg Times, headlined "Chief's hold on Seminoles is slipping," revealed a yearlong federal investigation involving Billie and Cox, and reported that FBI agents were looking into allegations of money laundering, tax evasion and sexual harassment. Cox, conversely, says he spent about 20 hours in Cordish's company and offers a detailed and accurate description of the developer's Power Plant office, describing the layout, the furniture placement, artwork and distinctive architectural details. But the Cordish Co. David Cordish says he has spent no more than about 10 seconds in Cox's company and suggests that the former Seminole employee is not a reliable source. Richard T. The Hollywood casino, considered the project's flagship, was envisioned with a ,square- foot retail and entertainment center, featuring the kinds of national shopping and restaurant venues that Cordish has a long history of delivering. Billie is known for such exploits as eating a panther that he shot in the Everglades, then arguing in court that endangered species laws do not apply on Indian land. {PARAGRAPH}{INSERTKEYS}Skip to content. The trouble had started months earlier, mostly in the tribe's private offices and boardrooms, out of public view. Fields was the first of many enigmatic characters that Baltimore's celebrity development firm embraced during its three-year plunge into tribal gambling and politics. At his insistence, much of the deal was restructured to add assurances that investors would be paid, such as an emergency fund that would be gleaned from the casinos' profits. An examination of the Seminole Tribe's casino development deal, including a study of financial documents and court records, offers a revealing glimpse inside the boardrooms where the multibillion-dollar casino deal was crafted. The records of Billie's spending habits were perhaps less remarkable, but his fellow councilmen - who were fast becoming his enemies in early - began holding their own meetings and expressed suspicions that the chairman was getting money from other sources, namely Cox's hotel venture in Nicaragua and an Internet gambling venture that Cox was organizing in Belize. We should have taken it. And he was a close Trump associate, serving as a family spokesman during such sensitive episodes as Maples' alleged extramarital affair and the time a former employee was accused of stealing her shoes. Morgan, Merrill Lynch - that the leadership and the internal matters of the tribe were a big concern to the investment community - probably the biggest concern," said Ed Gray III, executive director of the Capital Trust Agency, a municipal agency that issued bonds for the casinos on the tribe's behalf. Billie and Cox had been losing favor with the tribal leadership and would soon be the subjects of an internal audit. In March , long before the Cordish Co. As such, any study of the company's leap into the casino development business quickly leads outside the company, to Fields. The day before the ordinance was approved, Dorsky spent the day in "multiple phone conferences with Joe Weinberg," according to the attorney's billing records. By late , Cox had become operations chief of the Seminoles' business affairs. Among the tribes Cox says he and Fields were soon talking to Indian leaders across the country, pitching the development services of the company that was delivering the goods for the Florida Seminoles. The Cordish-led development team of respected bond lawyers, strategists, gambling experts and Wall Street financiers worked desperately to prevent events from sullying the project. Fields worked with commercial casinos in Nevada in the s when he led the national expansion of the Catch A Rising Star comedy club chain. When rumors surfaced that former employee Christine O'Donnell was alleging that Billie had sexually harassed her, the tribe's leaders reportedly urged her to go public, despite the Seminoles' history of settling such claims. The ordinance to suspend Billie was drafted by the tribe's chief counsel, Jim Shore, who testified later that he had help from Eric Dorsky, the tribe's outside counsel based in Davie, Fla. Billie said he dispatched Cox to Baltimore to learn more about the proposal and to see what the Cordish Co. Billie concerning my termination until a lawsuit was filed concerning a sexual harassment charge against James E. David Cordish says he doesn't recall how or when he met Fields, and hardly acknowledges him except to praise his skills and integrity. But sometime after that failed courtship with the Seminoles - and after his business relationship and friendship with Trump were "terminated," according to the real estate magnate - Fields found a new ally: Baltimore developer David S. One element of the deal - a tribal law giving voters only 21 days to petition for a referendum to reverse new tribal ordinances - stymied Billie's attempted return to power. He likes that. The tribe's general counsel, one of the Cordish Co. I think even if this deal never took place he was going to face some problems. And in the end, they pulled together the deal. Billie, the Seminole Tribe's alligator-wrestling chief, who was later ousted from office amid allegations of embezzlement, corruption and sexual harassment. Members of the Seneca Tribe say they were lavished with dinners, theater tickets and trips - to President Bush's inauguration in Washington, shows in New York City and the Seminole casino site in Hollywood - though they are uncertain who paid for what. By the next morning, Israel's job description seemed to have changed. Fields met later with the Oneida Nation of Wisconsin, a tribe pursuing a controversial claim to its historic homeland in New York with plans to build a casino there, and with whom Cordish said he is still negotiating. The concern among would-be investors was so pronounced, Israel said, that a lawyer was hired by the tribe specifically to participate in the deal on behalf of potential bond buyers. The two met with Billie and other tribal officials and proposed, according to some who attended, a hotel and casino with a Margaritaville theme. The Fields connection The Cordish Co. Cooper, the Senecas' former treasurer and chief financial officer. Even one of his most trusted associates said the prospects for developing a Las Vegas-style casino for the tribe were hopeless, Trump said. Cox," Cordish said.