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Arxiu de l'etiqueta: Fallida

Itàlia: la reducció de costos podria mantenir Campione en camí cap a l'annex xinès

Amb el Casino Campione d'Italia, l'espectacular casino de l'enclavament italià al llac de Lugano, que ara es troba a la vora de la fallida, els seus propietaris estan buscant dos mètodes molt diferents per canviar la seva fortuna. Després d'anys de resultats financers positius, el casino municipal va registrar un dèficit de 8 milions de CHF per primera vegada el 2012...

EUA – Caesars anuncia la sortida de CEOC de la fallida

Caesars Entertainment has said that the completion of its previously announced merger with Caesars Acquisition Company (CAC) and the conclusion of the restructuring of Caesars Entertainment Operating Company, Inc. (CEOC) and its debtor subsidiaries. As a result of these transactions, the newly restructured Caesars Entertainment is positioned to further invest in its growth strategy and…

Polònia - Olympic Casino Sunrise es declara en fallida

La filial polonesa d'Olympic Entertainment Group Casino Polonia-Wrocław, que va operar el casino insígnia d'OEG a Varsòvia fins al setembre de 2016, Olympic Casino Sunrise, ha presentat al tribunal la seva petició de fallida. L'operador amb seu al Bàltic havia informat al setembre que la seva oferta per a una llicència d'activitat específica local havia estat rebutjada pel Ministeri de Finances...

US – Bankruptcy watchdog says no to Caesars

The US Trustee, a US government watchdog overseeing the administration of bankruptcy cases, has objected to a Caesars subsidiary’s attempts to exit Chapter 11 bankruptcy. The objection could thwart Caesars’’ proposal to write off $10bn of debt. The casino giant’s subsidiary, Caesars Entertainment Operating Co. Inc. (CEOC), filed the $18bn bankruptcy in January 2015 but…

US – Examiners Report says Caesars could be liable for US$5.1bn

Caesars Entertainment could be forced to pay US$5.1bn in damages for the pre-bankruptcy deals according to a court-appointed bankruptcy examiner. Caesars and its private equity backers, Apollo Global Management and TPG Capital have been investigated for their actions leading up to $18bn bankruptcy protection filing. Hedge funds have said that Caesars raided its best assets…

US – Caesars told Chapter 11 for operating unit will only protect the operating unit

Caesars Entertainment’s operating unit, which sought bankruptcy protection in January, has been told by a federal judge that the bankruptcy of its operating unit can’t protect Caesars Entertainment Corp. from investors’ lawsuits. Judge Robert Gettleman of the US District Court in Chicago said a bankruptcy judge’s decision ‘is not erroneous as a matter of law…

EUA - L'inversor afirma que les inversions de MGM podrien veure's en fallida

An investor in MGM Resorts has said that over investment in Massachusetts, Maryland and Macau is threatening the operator’s solvency and could see it gambling with bankruptcy as it did when it invested in the US9bn CityCenter. Jonathan Litt, Founder of the New York investment firm Land & Buildings Investment Management, said his group owns…

US – Energy contract ran Revel into the ground

The former owners of the Revel casino have citied an energy contract as one of the fundamental reasons for the failure of the US$2.4bn Atlantic City resort. In a court filing; a proposed disclosure statement for its bankruptcy case, the operator places much of the blame on Revel’s original management team, headed by former CEO…

EUA: la reestructuració de la fallida de Caesars té problemes legals

A judge has ruled that Caesars Entertainment’s bankruptcy restructuring violates federal law as it moved assets to protect itself from junior creditors. Investors that sued Caesars may yet be compensated for being forced into a restructuring plan that isn’t allowed outside of bankruptcy. At this stage, US District Judge Shira Scheindlin has denied Caesars’ request…