Centaur Creditors Can Seek $99M From Credit Suisse

Law360, New York (November 8, 2010, 1:52 PM EST) -- A bankruptcy judge has allowed the unsecured creditors of bankrupt casino operator Centaur LLC to pursue up to $99 million in claims against first-lien lender Credit Suisse AG, despite opposition from the bank and the debtor concerning the cost of the pending litigation.

Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware granted the committee's motion to prosecute the claims on behalf of the debtors, but limited any professional fees to cash proceeds or other quantifiable value to the estate resulting...
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