Bankruptcy Blogs

Who’s Who in the Caesars Bankruptcy

01/15/15
Bloomberg News

Caesars Entertainment Corp. and its sprawl of subsid

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Betting on the House: The Dueling Caesar's Bankruptcies

01/15/15

It's turning into a wild week in Chapter 11 with the dueling bankruptcy petitions for Caesar's Entertainment.  On Monday, an involuntary petition was filed in Delaware against Caesar's by some of its Second Lien noteholders. Today, Caesar's filed a voluntary petition in the Northern District of Illinois. It's not the year of the Four Emperors yet, but it is the year of the Two Caesar's petitions.

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The Caesars Bankruptcy: What’s In and What’s Out?

01/15/15
Part, but not all, of the Caesars Palace in Las Vegas is included in the bankruptcy case.
Bloomberg News

Weighed down by debt,

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Banks Should Go Green with Solar Mortgage Products

01/15/15

Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.

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The Daily Docket: Caesars Puts Operating Unit Into Bankruptcy

01/15/15

Gambling giant Caesars Entertainment Corp. put its largest unit into Chapter 11 protection in Chicago early Thursday morning, leaving it to a judge to settle the bitter dispute among the company’s creditors and the investment firms whose buyout left the unit with $18.4 billion in debt, The Wall Street Journal reports. 

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Can Loan Officers Outperform Computers?

01/15/15

While computers may have bested humans in chess and mutual fund management, loan underwriting is one area where men can still beat machines.

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Morning Scan: JPM's Dimon Says Bigger Is Better; Embattled Dodd-Frank

01/15/15

Breaking News This Morning ...

Earnings: Citigroup, Bank of America Receiving Wide Coverage ...

Dimon Says Bigger Is Better: With so much chatter about a JPMorgan Chase breakup these days, one wonders if the megabank could eventually be forced to downsize out of pure conversational momentum. JPMorgan head Jamie Dimon spent fourth-quarter earnings calls Wednesday defending his bank's behemoth status. "The synergies are huge, both expense and revenue," Dimon said. "The unscrambling would be extraordinarily complex." Dimon also...

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Why Did Caesars Choose Chicago?

01/15/15
Bloomberg News

As restructuring professionals counted down the hours until Caesars E

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EMV Cards Still Prone to Payments Crime

01/14/15

EMV cards are moving payments security in the right direction. But if hackers tamper with the hardware or associated software on merchants' EMV-enabled equipment, they can silently spirit off customer data.

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