Caesars Examiner Close to Deal on Creditors’ Investigation

The independent examiner inCaesars Entertainment Operating Co. moved closer to a deal with creditors Wednesday on how the parties will conduct their investigations into pre-bankruptcy transactions the casino giant’s largest unit made with its parent company. Read the Daily Bankruptcy Review article here.

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Kitchen product makerEveryWare GlobalInc.won final court approval Tuesday to tap a $40 million bankruptcy loan as it works to implement a restructuring plan that will cut $250 in debt from its balance sheet, DBR reports in The Wall Street Journal.

Federal bankruptcy watchdogs have challengedKarmaloop’s choice of a Boston law firm to shepherd it through chapter 11 on the grounds that lawyers at the firm have money tied up in the troubled streetwear retailer, DBR (sub. req.) reports.

General Motors Co. is putting forth a $1.3 billion expansion plan for which Arlington, Texas, officials are offering $30 million in tax incentives, WSJ reports.

Power was restored to Atlantic City, N.J.s Revel casino, the Philadelphia Inquirer reports.

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