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Tag Archives: Bankruptcy Court

US – Bankruptcy Court finally approves Caesars’ $18bn plan

After a two-year court process, Caesars Entertainment Corp has been given approval for its $18bn bankruptcy plan. The US Bankruptcy Court for the Northern District of Illinois has confirmed the Debtors’ Plan of Reorganisation paving the way to conclude CEOC’s court-supervised restructuring process in 2017. Caesars’ subsidiary, Caesars Entertainment Operating Co (CEOC), has been allowed…