The Daily Docket: Bondholders Look to Push Caesars Into Bankruptcy
Caesars Entertainment Corp.’s Caesars Palace casino stands in Las Vegas, Nevada, U.S., on Sunday, March 9, 2014.
A group of hedge funds on Monday filed papers to push Caesars Entertainment Inc.’s largest unit into Chapter 11 bankruptcy, jump starting a long-planned restructuring of the big casino operator. The Wall Street Journal has the Daily Bankruptcy Review article here.
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Clothing retailer Body Central is closing its chain of 265 clothing stores and is going to liquidate under a state proceeding in Florida, DBR reports in WSJ.
Families of people who died in the Montreal, Main & Atlantic Railway Ltd.’s disaster in Lac-Mégantic, Quebec, will be able to access a $200 million settlement fund, the Globe and Mail reports.
Irish ex-billionaire Sean Quinn got an automatic discharge from bankruptcy Friday, the Irish Independent reports.
Interfaith Medical Center’s bankruptcy judge approved attorney fees, the New York Daily News reports.
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