Re: Gold responds in some detail to allegations
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I also think there is a pretty good chance that the court releases the $6 million that Harrah's is currently holding to Gold. In essence, Leyser's argument is that if the court lets Gold get to the money, he might spend it all. That usually isn't good enough to persuade the court to tie up the money. Defendants usually get to do what they wish with their money until the plaintiff wins.
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I don't see this as being remotely possible anytime soon. Gold has $6M of the prize already and can do what he wishes with it. It would be difficult at best for him to convince Judge Hunt that he needs the other $6M before the matter is settled. Well, hopefully settled because if it is not this will drag for a couple years and the attorneys will wind up splitting a good chunk of the $6M in question.
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