Bankruptcy Judge’s Ruling Sends Caesars Shares Plunging

A bankruptcy judge refused to grant Caesars Entertainment Corp. the protections its biggest unit enjoys in chapter 11. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

A judge in the Bahamas denied the Baha Mar Ltd. resort’s request for recognition of its U.S. bankruptcy. Read the DBR article via WSJ.

Trump Entertainment Resorts Inc. lost its bid to silence union protests against the Trump Taj Mahal casino in Atlantic City, N.J., DBR reports in WSJ.

Former Corinthian Colleges Inc. students want to file a $2.5 billion claim against the failed for-profit college operator, DBR reports in WSJ.

As DBR reports in WSJ, New York taxi king Evgeny “Gene” Freidman but some of his cab companies into bankruptcy.

Patriot Coal Corp.’s executive bonus plan was approved, DBR reports in WSJ.

Prosecutors want a guilty plea hearing for ex-Freedom Industries president Gary Southern, the Associated Press reports.

WSJ reports on the slipping profits of theme-park operator Six Flags Entertainment Corp.

(And don’t forget to check out our blog post on 50 Cent’s asset disclosures.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa