US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

Caesars Entertainment Operating Company, Inc.

Track this case

Case Number:

1:15-bk-01145

Court:

Illinois Northern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. January 07, 2016

    Caesars Digs In On Fight Over Asset Transfer Docs

    Caesars Entertainment's bankrupt operating unit is continuing to demand the release of confidential documents tied to a series of controversial  transactions that forced it into bankruptcy, telling an Illinois judge Wednesday that its corporate parent has been stonewalling its efforts.

  2. December 03, 2015

    Caesars Seeks To Force Handover Of Asset Transfer Docs

    Caesars Entertainment Operating Corp. is accusing its nondebtor parent of withholding valuable information over a series of transactions that forced the company into bankruptcy, asking an Illinois federal judge Wednesday to order the handover of documents that could be used to uncover wrongdoing committed by the parent company.

  3. December 01, 2015

    Caesars' Dire Straits Demand Litigation Stay, 7th Circ. Told

    An Illinois bankruptcy judge applied too strict a standard when refusing to stay four creditor suits against the parent of debtor Caesars Entertainment Operating Co. Inc., which urged the Seventh Circuit to clarify Monday that the enterprise's dire situation demands a stay until CEOC reorganizes.

  4. November 23, 2015

    Caesars Objects To Claimholders' Litigation Push

    Bankrupt Caesars Entertainment Operating Co. Inc. objected Friday to creditors' attempts to step into the company's shoes and pursue allegedly sidelined loose ends like commercial tort claims and interests in gaming licenses and riverboat mortgages, saying the interference could spoil a global settlement.

  5. November 19, 2015

    Creditor Suits Beyond Scope Of Caesars Ch. 11, 7th Circ. Told

    A group of junior noteholders struck back Wednesday against complaints by Caesars Entertainment Operating Co. that four creditor suits pending against its nondebtor parent threaten to sink reorganization efforts, telling the Seventh Circuit the debtor's call to stay the suits is baseless and outside the scope of bankruptcy protections.

  6. November 18, 2015

    Judge Skeptical Of Booting Kirkland As Caesars Rep

    Kirkland & Ellis LLP will almost certainly continue to helm Caesars Entertainment Operating Co.'s Chapter 11 bankruptcy after an Illinois federal judge Wednesday called evidence of potential bias by a leading partner "pretty thin" and noted that he was likely to dismiss a creditor committee's challenge to the firm's retention.

  7. November 16, 2015

    Caesars Can't Put The Brakes On $364M Pension Dispute

    An Illinois bankruptcy judge will not stop the National Retirement Fund from pursuing Caesars Entertainment Corp. for $364 million in unfunded pension obligations, saying that the bankruptcy protections granted to affiliate Caesars Operating Entertainment Co. do not extend to its nondebtor parent.

  8. October 29, 2015

    Kirkland Dodges DQ Bid By Caesars' Creditors, For Now

    An Illinois judge on Wednesday denied a bid by junior bondholders of Caesars Entertainment Corp.'s bankrupt operating unit to block Kirkland & Ellis LLP from continuing to lead the debtor's massive Chapter 11 case for allegedly misleading the court about potential conflicts, but left the door open for a future challenge.

  9. October 27, 2015

    Caesars Eyes $3M Offer After Nixing Miss. Casino Auction

    Caesars Entertainment Corp.'s bankrupt operating unit on Monday told an Illinois bankruptcy court that it is canceling a planned auction for its shuttered Harrah's Tunica Casino in Mississippi, which likely hands the property to stalking horse bidder TJM Properties Inc. for $3 million.

  10. October 22, 2015

    Caesars Creditors Fight To Limit Kirkland's Role

    Kirkland & Ellis LLP should be barred from investigating debtor Caesars Entertainment Operating Co. Inc.'s parent, junior noteholders told an Illinois bankruptcy court Wednesday, saying they dug up evidence the firm was hiding its conflicting objectives in the case.