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Analysis

How A Single Objection Could Thwart Caesars' Ch. 11 Plan

By Jessica Corso (January 4, 2017, 7:23 PM EST) -- Though a bankrupt subsidiary of the Caesars casino empire could see its reorganization plan approved as early as this month, one major obstacle still lies in its path — the U.S. trustee, whose objection to the plan relies on the same Seventh Circuit case law that Caesars hopes will lift the threat of lawsuits against its nondebtor parent company....

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