Caesars Entertainment Operating Company, Inc.

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Case overview

Case Number:

1:15-bk-01145

Court:

Illinois Northern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

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