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Vegas Hard Rock Fights Foreclosure

The Hard Rock Hotel in Las Vegas filed a lawsuit against a group of lenders seeking to foreclose on the property and take it over in a public auction scheduled for Feb. 7, according to a report in the Las Vegas Sun.

The suit claims that the hotel is not in default and that the lending group, NRFC HRH Holdings, has no right to foreclose. The lending group controls part of a $1.36 billion loan used to acquire, renovate and expand the Hard Rock.