Wynn wins

JUNE 24: The Encore Boston Harbor. (Photo by Jim Mahoney)

Court rules in favor of casino over price paid for Monsanto land

By JOSH RESNEK

The Wynn Corporation has succeeded in putting to rest the last lawsuit against its presence on the former Monsanto site.

A Suffolk Superior Court judge has ruled that FBT, the owners of the land who conveyed it to Wynn Corporation, will not receive another dime for the property.

FBT had been seeking an additional $40 million over the $35 million sale price believing it was owed that money.

The Massachusetts Gam- ing Commission cut the land price to Wynn after FBT had been shown to have a convicted felon as one of its original owners.

Judge Kenneth Salinger ordered in a 12-page decision released June 16 that a final judgment be entered dismiss- ing the claims of FBT Everett Realty, LLC against the MGC with prejudice, and also dismissed the third-party claims by the MGC against Wynn MA, LLC, with prejudice.

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