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Caesars Can't Duck Bondholders' Suit Over $155M Refi Deal

By Michael Lipkin (January 15, 2015, 10:17 PM EST) -- A New York federal judge on Thursday declined to dismiss lawsuits brought by Caesars Entertainment Operating Co. Inc. noteholders challenging a $155 million refinancing deal they say ensured their debts will be wiped out in bankruptcy, ruling that the transaction was exactly what the Trust Indenture Act was designed to prevent....

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