The Daily Docket: Caesars Bankruptcy Venue Fight Brews

Investors attempting to push the largest operating unit of Caesars Entertainment Corp. into bankruptcy have challenged the company to a Friday court fight over where the $18.4 billion restructuring should take place. 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 our homepage, scroll to the bottom and click “try for free.”)

DBR reports in WSJ on Florida real-estate developer Glenn Straub’s purchase of and revival plans for Atlantic City, N.J.’s Revel casino.

According to WSJ, Lehman Brothers Holdings Inc. said it would sell another $2.5 billion in bankruptcy claims it has against its U.S. brokerage.

A bankruptcy judge Tuesday denied a proposal by defunct TV-streaming service Aereo Inc. to pay its remaining employees bonuses if the company is able to strum up at least $4 million from a sale of its technology, DBR reports in WSJ.

General Motors Co. plans to raise capital expenditures by 20% in 20915, WSJ reports.

Celebrity chef Jamie Oliver’s Italian restaurant in Istanbul is seeking bankruptcy, Bloomberg reports.

(And don’t forget to check out our blog post on the bankruptcy of a company that brews iced tea inspired by “Duck Dynasty’s” Uncle Si.)

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