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Empire Resorts Appoints Bruce Berg and Ralph Bernstein to Lead Company During Restructuring Phase.

Publication: Business Wire
Publication Date: 15-APR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MONTICELLO, N.Y. -- Empire Resorts, Inc. (NASDAQ: NYNY) announced today that two of its directors, Bruce Berg and Ralph Bernstein, have been appointed by the Company's Board of Directors as the Special Committee that is to lead the Company during its restructuring phase along with the Company's newly appointed Chief Restructuring Officer, Eric Reehl.

Mr. Berg and Mr. Bernstein represent the most significant ownership stakes in the Company. As directors, they have been active on a daily basis and instrumental in repositioning and streamlining the Company to be able to restructure and take advantage of future...

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