Judge hears motions before Steve and Elaine Wynn's lawsuit heads to trial

LAS VEGAS - Attorneys for Elaine and Steve Wynn went head to head in court Tuesday over a 6-year-old lawsuit involving the ex-couple and a former business partner.  During the years of hearings, the case has taken many twists and turns. 

The latest one involves sexual harassment allegations against Steve Wynn.  The case has finally been set to go to trial in April, but before it does, a long list of issues have to be sorted out.

On Tuesday, a judge gave a team of attorneys a limited time to argue a number of motions.

Among them, was an issue related to a shareholders agreement between Steve and Elaine. The agreement obligates the casino mogul to endorse and vote for his ex-wife to remain on the board of directors of Wynn Resorts.

"I would submit to you the duty of loyalty would prevent Mr. Wynn from conspiring with others in the company to fabricate reasons to throw my client off the board," said Mark Ferrario, attorney for Elaine Wynn.

Attorneys for Elaine say her ex-husband is responsible for getting her voted off the board of directors of Wynn because he had full control of the company.  But attorneys for Steve argued he fully complied with his obligations under the agreement, and there is no proof of any wrongdoing. 

"She's repeatedly asked what evidence do you have to show that you were retaliated against in connection with not getting renominated or re-elected and the answer is always no, none, I dont know.  I dont have any," attorney for Steve Wynn J. Colby Williams said.

Elaine Wynn's attorneys argued she was misled about the agreement so her ex-husband could have control over her shares of the company.  Steve Wynn's attorneys say she knew exactly what she had agreed upon.

Last Friday, following sexual misconduct allegations, Steve Wynn announced that he would give up control over her nearly 10 percent stake in Wynn Resorts.

Attorneys for Steve Wynn's former business partner, Kazuo Okada, will argue motions before a judge on Wednesday.

Okada is the co-founder of Wynn Resorts and is also named in the lawsuit.
 


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