The Daily Docket: Caesars Unit Seeks Outside Examiner

02/27/15
Caesars Palace casino in Las Vegas, Nevada, is seen in a file picture taken July 14, 2004.
Reuters

The bankrupt main operating unit of Caesars Entertainment Corp. has asked that an outsider be summoned to probe alleged insider-led looting of the gambling operation, a request slated for court review next week. 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.”)

Aereo Inc., the defunct TV-streaming service that once promised to revolutionize the way consumers watch network television, was sold for parts this week to TiVo Inc. and other buyers at a bankruptcy auction. Read the DBR article in WSJ.

The company that provides electricity to Atlantic City, N.J.’s Revel casino wants it to be liquidated, Reuters reports.

KKR & Co.’s Samson Resources Corp. enlisted restructuring advisers, WSJ reports.

A Puerto Rico bill could offer creditors a roadmap, WSJ reports.

The Detroit News reports on the bankruptcy of former U.S. Rep. Kerry Bentivolio.

(And don’t forget to check out our latest Examiners question, on bankruptcy venue reform.)

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

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