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252 results for "caesars bankruptcy"
Caesars Private Equity Backers Must Show their Bank Statements, Rules Bankruptcy Judge
Caesars’ junior creditors have successfully forced the casino group’s controlling private equity backers to reveal details of their wealth. The request was granted on Wednesday by the judge presiding over the $18...
Caesars Entertainment Bankruptcy Drags Q2 Results $2 Billion into the Red
Caesars Entertainment has reported losses of over $2 billion for the three months ending 30 June, mainly as a result of the bankruptcy of its main operating unit Caesars Entertainment Operating Co...
Caesars Entertainment Corp. Offers $4 Billion to CEOC Creditors, as Bankruptcy Drama Continues in Chicago
A new Caesars Entertainment Corp. (CEC) reoranization plan from the attorneys for the gaming conglomerate was presented in a Chicago bankruptcy court this week, and this one?promises that CEC will offer disgruntled...
Caesars Interactive Entertainment Could Be for Sale, But Will Bankruptcy Court Allow It?
Caesars Entertainment is considering the sale of its digital division, Caesars Interactive Entertainment (CIE), according to Bloomberg Technologies. Anonymous sources told Bloomberg Friday that the embattled casino giant had received multiple offers...
Caesars Entertainment Enjoys Growth in 2015 but Bankruptcy and Debt Cloud Horizon
Caesars Entertainment may be going through “the largest and most complex bankruptcy in a generation,” in the words of one its own attorneys, but apart from that, things are on the up....
Caesars Entertainment Bankruptcy in Disarray as Senior Creditors File Against Gaming Operator
Caesars Entertainment’s bankruptcy headache intensified into a nightmarish migraine this week, after a group of its top-tier creditors threatened to bail on the company’s debt restructuring plan. Caesars is seeking chapter 11...
Caesars Granted “Ides of March” Deadline for Bankruptcy Control
Caesars Entertainment Corp has been granted a four-month extension on control of its Chapter 11 proceedings. It now has until March 15th to persuade its junior creditors to accept its new debt...
Stockton University Battling Caesars In Bankruptcy Court Over Showboat Purchase
Stockton University was hoping that the purchase of the Showboat casino in Atlantic City would give the school a new satellite campus for students to enjoy. Now, the university is battling Caesars...
Caesars Entertainment to Resume Some Deferred Compensation Following Bankruptcy Scandal
Caesars Entertainment Corp. is still working its way through bankruptcy, and it is unlikely that everyone owed money by the company will be happy with the final results. But at least some...
Caesars Entertainment Slammed by Nevada Gaming Commission over “Embarrassing” Bankruptcy, as Missing Pensions Haunt Retirees
Caesars Entertainment has come under massive fire from the Nevada Gaming Commission over its $18 billion bankruptcy fiasco. The regulator blasted the bankruptcy procedure as “embarrassing” during a commission hearing this week,...