Caesars Bankruptcy Reorganization Plan Dealt With Potentially Fatal Blow

A federal judge’s recent ruling could stop Caesars Entertainment Corp.’s plans for bankruptcy organization dead in their tracks. According to a January 19 Bloomberg article, U.S. District Judge Shira Scheindlin ruled that Caesars violated federal laws by rearranging its assets and refinancing its debts in an alleged attempt to protect itself from lower-ranking creditors. The ruling stemmed from a […]

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