Caesars Loses Bid to Halt Creditor Lawsuit in Delaware
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Caesars Entertainment Corp. lost a first attempt to halt a Delaware lawsuit by creditors who claim the company improperly shuffled assets to prevent debt-holders from being able to collect billions from the struggling gambling company.
Caesars gets another chance to shut down the case next week, when its main operating unit will ask a bankruptcy judge in Chicago to put the brakes on the litigation.