Caesars junior creditors file involuntary bankruptcy petition
Jan 12 (Reuters) – A group of second-lien bondholders of casino operator Caesars Entertainment Corp filed a petition for involuntary Chapter 11 bankruptcy protection against the company's largest unit after it defaulted on interest payments. Caesars …
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Mortgage claims: sometimes the debtor wins, and sometimes the lender wins
The receiver cured the outstanding delinquent charges, and a month later the debtor filed bankruptcy. The court identified several loan provisions that were relevant to … In this case, the note stipulated that a prepayment penalty was due upon either …
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