Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
UMB Bank, N.A. v. Caesars Entertainment Corporation
Case Number:
1:15-cv-04634
Court:
Nature of Suit:
Judge:
Firms
Companies
- Brigade Capital Management LLC
- Caesars Entertainment Inc.
- JPMorgan Chase & Co.
- Pacific Investment Management Co. LLC
- UMB Financial Corp.
Sectors & Industries:
-
May 11, 2016
Caesars Seeks Quick Win In $7B Note Guarantee Suits
Caesars Entertainment Corp.'s bankrupt operating unit urged a New York federal judge to rethink recent "expansive" readings of the Trust Indenture Act on Tuesday, saying trustees seeking to recover on $7.1 billion in notes should have to show the company changed payment terms, not just jeopardized payouts.
-
February 26, 2016
Caesars Gets $7B Note Guarantee Suits Paused
An Illinois bankruptcy judge granted a request by Caesars Entertainment on Friday to pause two suits by note trustees against Caesar's bankrupt operating unit, saying that suits seeking to recover on the $7.1 billion in notes could send Caesars into a bankruptcy of its own.
-
February 25, 2016
Caesars Says It Doesn't Have To Guarantee $7B Notes
Caesars Entertainment sought an early out on Wednesday in New York federal court from a pair of breach of contract suits claiming $7.1 billion in notes by trustees of its subsidiary, saying it didn't break the conditions of the bond issuance and doesn't have to guarantee the notes.
-
February 22, 2016
Windy City Case May Blow $7B Caesars Trial In NY Off Track
Manhattan U.S. District Judge Shira A. Scheindlin kept a $7 billion trial set for March 14 on track Monday as two bond trustees seek to force Caesars Entertainment Corp. to make good on a bankrupt subsidiary's notes, but cautioned the proceeding may be subject to a Chicago Chapter 11 stay.
-
January 06, 2016
Bond Trustees Can't Score Win In $7B Caesars Debt Row
A New York bankruptcy judge on Tuesday refused a bid by trustees BOKF NA and UMB Bank NA to force Caesars Entertainment Corp. to make good on $7 billion in Caesars Entertainment Operating Co. notes, saying an issue of fact remains as to whether or not the underlying contracts demand payment.
-
August 27, 2015
Quick Judgment Eludes Trustees In $7B Caesars Debt Suits
A Manhattan federal judge on Thursday denied summary judgment to trustees BOKF NA and UMB Bank NA in their attempts to force Caesars Entertainment Corp. to make good on $7 billion in Caesars Entertainment Operating Co. notes, finding discovery is needed to find out if the casino concern's private equity owners restructured the bankrupt subsidiary's debt in ways that impaired lenders' rights.
-
June 16, 2015
Caesars Faces $6.3B Suit From Trustee Over Restructuring
Caesars Entertainment Corp. was hit Monday with a new $6.3 billion suit in New York federal court from a bondholder trustee alleging the casino company stripped its operating subsidiary of valuable assets to get them out of the reach of creditors.