{"id":43449,"date":"2014-08-07T07:41:36","date_gmt":"2014-08-07T11:41:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43449"},"modified":"2014-08-07T07:41:36","modified_gmt":"2014-08-07T11:41:36","slug":"caesars-hedge-fund-debt-battle-triggers-dueling-lawsuits","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2014\/caesars-hedge-fund-debt-battle-triggers-dueling-lawsuits.html","title":{"rendered":"Caesars Hedge Fund Debt Battle Triggers Dueling Lawsuits"},"content":{"rendered":"<p>Bloomberg &#8211; Caesars Entertainment Corp. (CZR)\u2019s negotiations with noteholders challenging efforts to restructure $12.7 billion in debt spilled into court, as the casino company claimed hedge funds want to force a default while a bond trustee alleged Caesars is squandering assets.<\/p>\n<p>Caesars sued more than 30 bondholders, including funds overseen by Appaloosa Management LP, Oaktree Capital Group Holdings LP and Elliott Management Corp. Caesars accused them in a statement of attempting to impede the restructuring with \u201cdisruptive appearances before gaming regulators\u201d and \u201ca baseless default notice.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-08-05\/caesars-debt-restructuring-fight-triggers-dueling-lawsuits-1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Caesars Entertainment Corp. (CZR)\u2019s negotiations with noteholders challenging efforts to restructure $12.7 billion in debt spilled into court, as the casino company claimed hedge funds want to force a default while a bond trustee alleged Caesars is squandering [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43449","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=43449"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43449\/revisions"}],"predecessor-version":[{"id":43450,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43449\/revisions\/43450"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}