Articles About Chapter 11

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Caesars Entertainment Debt Plan Snagged by Federal Court

Caesars Entertainment Debt Plan Snagged by Federal Court

Frederick H. January 23, 2015 11:03:28

The U.S Federal Court stated that Caesars Entertainment Corporation violated parts of the Federal Trust Indenture Act of 1939 while trying to reorganize its debt.   A U.S Federal Judge made a ruling that crippled Caesars Entertainment Corporation’s plan to reorganize its debt. Caesar’s filed for chapter 11 bankruptcy protection a week ago. The Federal court […]

Casino Operator Bankruptcy Streamlined By Debt Restructuring

Casino Operator Bankruptcy Streamlined By Debt Restructuring

Nich Moore January 12, 2015 05:51:52

Where once to own a casino was to sit atop a gold mine increased competition, locally and globally, has led to some serious consolidation of those on the margins of success With the current juncture of economic fluctuation still revealing very sparse indications or markers of future levels of growth heavily influenced to no small […]

Christmas Shopping Anyone? Caesars Buys Big Gift to Lift Spirit

Christmas Shopping Anyone? Caesars Buys Big Gift to Lift Spirit

Phyllis F. December 23, 2014 20:54:38

Debt–ridden conglomerate Ceasars sets to purchase affiliate in an attempt to balance out its debts and start recovery. As Caesars Entertainment Corporation faces criticism from its creditors, for spreading itself too thin among its divisions, a merger is in the making with Caesars Acquisition Co (CACQ). With this purchase Caesars Entertainment Corporation hopes to appease […]