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252 results for "caesars bankruptcy"
Caesars Executives Divulge Big Plans Post-Bankruptcy
After a nearly three-year long battle to emerge from bankruptcy, executives at Caesars Entertainment Corporation spent 90 minutes with institutional investors in New York City on Tuesday detailing the future. President and...
Caesars Officially Emerges from Bankruptcy as Restructured Casino Giant, No Longer Broke
It’s a wrap. Caesars’ tortuous bankruptcy, described by one of the casino group’s own lawyers as the “largest and most complex bankruptcy in a generation,” is over and, frankly, few could have...
Caesars Entertainment Plans to Exit Chapter 11 Bankruptcy This Week
Caesars Entertainment Corporation is ready for a fresh start, announcing on Monday that the Las Vegas gaming and hospitality conglomerate will exit Chapter 11 bankruptcy by the end of the week, marking...
Caesars Clears Final Regulatory Hurdles to Emerge from Bankruptcy in October
Louisiana and Missouri gaming regulators have given regulatory approval to Caesars Entertainment and its related companies’ restructuring plans, finally putting to bed one of the messiest corporate bankruptcies in recent memory. These...
Nevada Gaming Regulators Give Caesars Go-Ahead on Post-Bankruptcy Plan
The Nevada Gaming Control Board (GCB) on Wednesday approved Caesars Entertainment's corporate restructuring plans to emerge from Chapter 11 bankruptcy. While explaining the company's future, Caesars CEO Mark Frissora promised to deliver...
Caesars Hauls Itself Out of Bankruptcy
Caesars Entertainment is at last ready to drag its main operating unit, Caesars Entertainment Operating Co. (CEOC), out of bankruptcy. Its bankruptcy reorganization plan was approved Tuesday by Judge Benjamin Goldgar in...
Bankruptcy Watchdog Looks to Thwart Caesars’ Reorganization Plan
Caesars’ nearly two-year battle to extricate itself from bankruptcy proceedings and reorganize the industry-high debt of its main operating unit, CEOC, could be in serious jeopardy, just as the end appeared to...
Final Hold-Out Caesars Creditor Comes on Board with Bankruptcy Plan
Trilogy Capital Management, the last of Caesars’ hold-out creditors, has agreed to accept reorganization plans for the bankrupt operating unit, CEOC. Trilogy Capital Management holds just $9.4 million of CEOC’s $18 billion...
Caesars Reaches Deal with Creditors to End Bankruptcy Lawsuit
Caesars’ junior creditors have accepted an improved debt restructuring deal, a breakthrough that looks to mark the beginning of the end of the tortuous bankruptcy of Caesars main operating unit, CEOC. According...
Caesars Bumps up Bankruptcy Offer by $1.6 Billion
Caesars’ controlling private equity backers, Apollo Global and TPG Capital Management, are ready to sweeten the pot by $1.6 billion, as they vie to win the backing of their junior creditors for...