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Lawyers, clubs, and money: business as usual in Las Vegas

Steve Miller reports that former strip club owner Rick Rizzolo has less than three months remaining until he must turn himself in at Taft Federal Correctional Facility where he will be joined at Taft for five months of his twelve month sentence by his associate Vinny Faraci who got off with a slap on the wrist. Faraci's excuse for a lighter sentence was that he would lose custody of his child; however his ex-wife is now married to Rizzolo's lawyer Tony Sgro, who is the child's step father. Steve notes that the judge in Faraci's case, Kent Dawson, was appointed by Nevada's U.S. Senator Harry Reid, who is a business partner of attorney Jay Brown, Brown works in the same 520 South Fourth Street law office as Faraci's lawyer David Chesnoff. Brown also served with Oscar Goodman as a resident agent for Rizzolo's corporation, and is now representing Mike Signorelli, who claims to be buying the Crazy Horse Too.

Steve writes, "Anywhere else in America, this would be called a conflict of interest. In Vegas, it's business as usual."

If that one is a conflict of interest, Steve, you might want to take a look at this one:

An interesting twist occurred last December, 2006 in a Clark County District Court on the way to closing the deal made for the Sapphire Gentleman's Club. While tables were full of attorneys representing the various parties waiting to sign papers, a Mr. Brian Roche asked to speak to the court. Brian Roche, of the Roche Group, was an officer of Stake, LLC, which apparently had a minority interest in the strip club.

Stake LLC has been represented by Daniel Polsenberg, attorney at Beckley Singleton law firm in Las Vegas, during the sale of the Sapphire club. In the courtroom of Judge Elizabeth Gonzalez Mr. Roche, a former NFL football player, accused Mr. Polsenberg, of receiving money from one of the other parties in the action, namely Michael Talla, who outlasted his former partner Peter Eliades, an officer in Shac Eliades, LLC which manages Shac, LLC, party in this case, in an auction for the strip club where the winning bid was $80 million. Mr. Roche was present in the courtroom on December 18, 2006 armed with documents he claimed showed that attorney Polsenberg not only took money from Talla, but that Mr. Polsenberg was in the process of suing for more money. Mr. Polsenberg is the former president of the State Bar of Nevada.

If it happened, taking money from two parties in a action would be a conflict of interest a former Nevada State Bar president should recognize.

In an interesting note Shac LLC, which is managed by Shac Eliades, LLC whose officers include Pete Eliades, also lists as resident agent attorney Jay Brown, who now figures prominently with another strip club, Crazy Horse Too, by representing Mike Signorelli.