Bankruptcy judge OKs Newton estate deal in Vegas
FILE - In this Friday, Nov. 12, 2010, file photo Wayne Newton's home is framed at the end of a tree-lined lane on a 52-acre estate in Las Vegas. Newton is moving out of this sprawling estate of 45 years. The crooner’s family members and a spokesman confirmed Wednesday June 5, 2013, that the downsizing to another mansion involving Newton, family members and a menagerie of exotic animals is taking place this week. Property records show the move is to a $3 million mansion about a mile from Newton's beloved “Casa de Shenandoah.”(AP Photo/Julie Jacobson, file)
LAS VEGAS (AP) — The bankruptcy deal is done, Wayne Newton and his family are out, and the majority owner of Newton's former "Casa de Shenandoah" property said Friday he still wants to turn the southeast Las Vegas spread into a tourist attraction.
Whether the name of the crooner dubbed "Mr. Las Vegas" will be associated with the development remained a question mark.
Newton and his lawyers were absent when U.S. Bankruptcy Judge Bruce Markell signed off on a sealed agreement that leaves CSD LLC, headed by investors Lacy and Dorothy Harber, in charge of the 40-acre property several miles southeast of the Las Vegas Strip.
Newton, 71, his wife, Kathleen McCrone Newton, and their family and menagerie of exotic animals moved this month to a downsized nearby property with several homes on about 20 acres.
The Newtons were in Louisiana on Friday, according to a family member, where Newton was due to perform at the Cypress Bayou Casino on Clarenton. They didn't immediately respond to messages.
Their lawyer, J. Stephen Peek, cited the confidentiality of the negotiated settlement and declined to comment.
Outside the courtroom, Lacy Harber and Grant Lyon, the restructuring agent in the estate bankruptcy, offered sometimes cryptic comments to reporters' questions about the deal. They said they were constrained by the confidentiality agreement.
The two men wouldn't say whether the Newton family was forced to move from the home Newton bought in 1968 and spent years filling with art, animals, artifacts and mementoes.
They also wouldn't say whether the Newtons still had an ownership share in CSD LLC.
Going into the settlement, which was submitted to the judge in May, the Harbers owned 70 percent of CSD LLC. Wayne and Kathleen Newton owned 20 percent. CSD Management LLC, made up of museum project manager Steven Kennedy and his partner, Geneva Clark, had a 10 percent stake.
FILE - This June 6, 2007 file photo shows singer Wayne Newton at the premiere of "Ocean's Thirteen" at the Palms Hotel-Casino in Las Vegas. A federal bankruptcy judge is poised to sign off Friday June 21, 2013, on a legal settlement will result in Newton moving from his sprawling “Casa de Shenandoah” property after 45 years. (AP Photo/Jae C. Hong, File)
"The Newtons moved out voluntarily," Harber said Friday. "It was a mutual agreement. That speaks for itself."
Harber said Lyon would remain in charge of efforts to develop a museum offering tourists "a look behind those famous walls ... formerly owned by Wayne Newton."