Tag Archives: Examiners report
US – Examiners Report says Caesars could be liable for US$5.1bn
Caesars Entertainment could be forced to pay US$5.1bn in damages for the pre-bankruptcy deals according to a court-appointed bankruptcy examiner. Caesars and its private equity backers, Apollo Global Management and TPG Capital have been investigated for their actions leading up to $18bn bankruptcy protection filing. Hedge funds have said that Caesars raided its best assets…