Caesars Seeks Quick Win In $7B Note Guarantee Suits

By Jody Godoy ( May 11, 2016, 5:01 PM EDT) -- 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....

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