Changes soon at Prescott Valley Event Center?

In the fall, a last-minute settlement prevented All State’s $35 million lawsuit against the Prescott Valley Event Center (and various connected parties) from going to trial. A curious part of the settlement conditions: All State insisted that the Fain Signature Group-Global Entertainment partnership that had been operating the event center be dissolved, with the Fain family taking over. That, apparently, has been delayed by Global (which has changed its operating name to International Coliseums Company) filing for bankruptcy, though sources say a deal is in the works.

Links to my series on the troubled, complex event center. (Courier graphic)
>>>CLICK HERE TO ENLARGE

settlement

center losing hundreds of thousands of dollars per year

explaining the complex operating/ownership arrangement

debt escalating

bond underwriters settlement

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