Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Michael Friedman - Noble Financial Group.
Michael Friedman - Noble Financial Group
A question about the Horizon situation. I know it's somewhat sensitive but can you give us idea if there's some sort of a breakup fee that the company may receive related to this situation?
Robert B. Sturges
What the economics ultimately are for the company, Michael, is something that is under discussion and we really don't want to negotiate in a public forum. We have a very constructive and we think good line of communication with Tropicana Entertainment. We've had a number of discussions and we will continue to. And I think we're going to have to leave the specifics at that at this particular point in time.
Operator
(Operator Instructions) Your next question comes from Vincent Staunton - Wedbush.
Vincent Staunton - Wedbush
I was wondering if you could provide an update on Buena Vista?
Robert B. Sturges
Sure. Buena Vista continues to move forward with the permitting process. They are about to begin the cultural consultation phase that EPA is coordinating on behalf of both the state environmental people as well as the Army Corps of Engineers. It's a requirement of both permits, and it's being handled in a consolidated manner. The last filing is expected in the next couple of days from the tribe in that regard. So that permitting process is on the same kind of time track we had announced previously and it's still on target to assume that we could be in the financing phase in the first part of 2009, with a possible beginning of construction date in mid-2009.
There is one additional development since we last spoke about this publicly. The county, there has been a federal lawsuit filed. It's been pending for quite some time. There's a pending motion to dismiss that complaint which has not been ruled upon yet by the court. The tribe's lawyers are cautiously optimistic that the federal court is not going to enter a negative ruling here and it would be unprecedented for the federal court to intervene in this manner.
But the county has pressed ahead and has actually filed a motion for injunctive relief that would prevent the project from moving forward until a ruling is received. This again would be absolutely extraordinary, and it's highly unlikely that this will be successful. As a matter of fact, the U.S. Attorney's Office is also a party of this case, representing the Department of the Interior. They are vigorously opposing this, as is the tribe, and it's not expected that this is going to slow progress in the long run for the project.
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