Fontainebleau Las Vegas could be liquidated

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The troubled Las Vegas outpost of Miami Beach’s landmark Fontainebleau hotel may be headed to Chapter 7 bankruptcy. Creditors say developer Jeffrey Soffer can’t get out from under the $3 billion project’s battered finances and want him out. The Miami Beach hotel isn’t involved in the project, but the Las Vegas hotel is the Soffer family’s largest endeavor. It’s about $1.5 billion short of completion and has been in bankruptcy court for the past four months.