Caesars Must Face Judgment in Bondholder Suits, Court RulesBy
Bankruptcy ruling affects $11.4 billion of potential losses
Lawsuits are biggest obstacle to resolving company’s fate
Caesars Entertainment Corp. must face bondholder lawsuits that could force it into bankruptcy alongside its main operating unit, a judge ruled, which sent the shares tumbling in late trading.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.