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The bankrupt unit of casino giant Caesars Entertainment Corp. will ask a judge to approve the plain-language outline of its chapter 11 restructuring plan on Wednesday, an approval that is usually seen as the first step toward exiting bankruptcy.

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Bernard Madoff’s cheated investors will receive another multimillion-dollar payout, bringing their total recoveries since the collapse of his Ponzi scheme to nearly $9.5 billion.

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Alvin F. Benton Jr. has joined law firm Dorf & Nelson in the litigation department. Mr. Benton has experience in debt restructurings, receiverships and other bankruptcy matters, and he also has experience in business and real-estate litigation. He earned his law degree from Florida A&M University College of Law.

On Monday in Manhattan, Sabine Oil & Gas Corp. and creditors it has fought for nearly a year in bankruptcy court will kick-off a seven-day showdown over the company’s multibillion-dollar restructuring plan.

During the hearing, which promises to be both lengthy and contentious, Sabine will face a group of creditors owed about $1.4 billion but slated to be repaid less than two cents on the dollar. Each side has agreed to limit itself to 24 hours of arguments and testimony spread out over at least seven days before U.S. Bankruptcy Court Judge Shelley Chapman.