Who’s Who in the Caesars Bankruptcy

Caesars Entertainment Corp. and its sprawl of subsidiaries and affiliated companies are keeping much of the restructuring industry busy. Even before the bankruptcy filing of its largest unit, Caesars Entertainment Operating Co., a slew of bankers and lawyers were advising the company and various creditor groups in the oft-contentious effort to reorganize the unit’s $18.4 billion in debt. Here are some of the key players.

Caesars Entertainment Corp.
Legal adviser: Paul, Weiss, Rifkind, Wharton & Garrison LLP
Financial adviser: Blackstone Group LP
Chief Restructuring Officer: AlixPartners LLP’s Randall Eisenberg

Caesars Entertainment Operating Co.
Legal advisers: Kirkland & Ellis LLP
Financial adviser: Perella Weinberg Partners

CEOC senior lenders
Holders include Blackstone Group LP’s GSO Capital Partners, Fortress Investment Group LLC
Legal adviser to lender committee: Stroock & Stroock & Lavan LLP
Financial adviser to lender committee: Rothschild

CEOC senior bondholders
Holders include Elliott Management Corp., Brigade Capital Management LP
Legal advisers to senior bondholder committee: Kramer Levin Naftalis & Frankel LLP
Financial adviser to senior bondholder committee: Miller Buckfire & Co.

CEOC junior bondholders
Holders include Appaloosa Management, Oaktree Capital Management LP, Tennenbaum Capital Partners LLC
Legal adviser to junior bondholder group: Jones Day
Financial adviser to junior bondholder group: Houlihan Lokey

Sources: court documents, WSJ reporting

Anyone missing? Contact Matt Jarzemsky at [email protected].