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Danner v. Caesars Entertainment Corporation et al
Case Number:
1:14-cv-07973
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 17, 2016
Caesars Settles 1 Bondholder Lawsuit
Caesars Entertainment said Wednesday it has settled one of the class action lawsuits it's facing in New York over a 2014 transaction that noteholders claim violated the terms of a debt guarantee related to the casino company's bankrupt operating unit.
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December 03, 2015
Caesars Noteholder Continues Fight Over Nixed Guarantee
Attorneys representing a proposed class of investors that hold notes from Caesars Entertainment Corp.'s bankrupt operating unit defended on Wednesday in New York federal court its charge that a $155 million refinancing deal violated a federal law meant to protect bondholders, arguing Caesars breached a contract with noteholders.
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September 28, 2015
Bankrupt Caesars Unit's Noteholders Want Cert. In Refi Row
A Caesars Entertainment Operating Co. noteholder told a New York federal judge Monday that class certification is warranted in his suit alleging a $155 million refinancing deal effectively ensured his claim would be wiped out in the casino company's bankruptcy, since all holders of the notes suffered the same injury.
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January 16, 2015
Top Restructuring Firms Face Off In $10B Caesars Battle
The long-awaited bankruptcy of Caesars Entertainment Corp.'s debt-laden operating unit has turned into a feeding frenzy for the nation's top restructuring firms that tees up a rematch of the two that fought to the finish in the city of Detroit's controversial Chapter 9.
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January 15, 2015
Caesars Can't Duck Bondholders' Suit Over $155M Refi Deal
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.