Caesars Bankruptcy End May Be in Sight

02/18/16
Steve Marcus/Reuters

With an upcoming release of examiner’s report, there may finally be an end in sight to the bankruptcy of Caesars Entertainment Corp.’s operating unit, Caesars Entertainment Operating Co. Bankruptcy Beat has a play-by-play.

(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.”)

Arch Coal Inc. is battling creditors over a $275 million bankruptcy loan, Daily Bankruptcy Review reports.

New proposed legislation has been introduced for Atlantic City, N.J., that would take power away from local officials but would pull the city away from the brink of bankruptcy, The Wall Street Journal reports.

Bankruptcy Beat’s panel of restructuring experts are beginning to weigh in on claims trading in bankruptcy, and not everyone agrees.

A judge blocked Bernard Madoff victims from trying to recoup $11 billion from the Florida estate of Jeffry Picower, who they say aided Mr. Madoff’s Ponzi scheme, Reuters reports.

Freedom Industries ex-president Gary Southern got sentenced to a month in prison for his role in the company’s massive 2014 chemical spill, the Associated Press reports.

Bloomberg reports on “self-bonding,” the $1.47 billion problem threatening Peabody Energy Corp.’s balance sheet.

Reuters reports on the progress being made in bitcoin exchange Mt. Gox’s bankruptcy case.

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

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