Caesars Can Avoid Trial for Now

02/29/16
Caesars Palace in Las Vegas in 2007
Jae C. Hong/Associated Press

A bankruptcy judge ruled that Caesars Entertainment Corp. can avoid a trial—for now–in which bondholders are trying to hold it accountable for $7 billion in guarantees from its bankrupt unit. 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 dismissed grand larceny charges against two former executives at Dewey & LeBoeuf, WSJ reports.

DBR reports via WSJ on the accusations by RCS Capital Corp. that its top-level executives are getting poached.

Caril Icahn now owns the Trump Taj Mahal casino in Atlantic City, N.J., which left bankruptcy Friday, WSJ reports.

Sete Brasil Participações SA shareholders want the rig leaser ti file for bankruptcy, Reuters reports.

The Motley Fool wonders whether Chesapeake Energy can avoid bankruptcy.

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

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