MGM Mirage (MGM) paid $70 million, including the 50% owed by partner Dubai World, to ensure that construction continues at its CityCenter development in Las Vegas.
The payment, the second in three weeks that covers both parties' obligations as they battle their relationship in the courts, comes as MGM tries to avoid pressure have the $8.6 billion development - and possibly the company itself - file for bankruptcy to restructure debt.
MGM got some breathing room from lenders Monday when it amended its senior credit facility, giving it the ability to pay the construction costs.
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