Gaming Giant Looks To Restructure With €250M Lending Plan

Law360, London (September 3, 2020, 7:03 PM BST) -- An international gaming operator urged a London judge Thursday to greenlight a meeting for creditors to vote on a plan for €250 million ($296 million) in new lending the company says will help it avoid liquidation, despite opposition from a hedge fund with a minority stake.

The application from Codere Finance 2 (UK) Ltd. on behalf of a group of Codere companies seeks a court order allowing it to call a creditors meeting to vote on its financial restructuring arrangement. On Thursday, a lawyer for Codere told the court that the companies have been severely affected by the COVID-19 pandemic and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!