The Official Committee of Second Priority Noteholders filed a complaint against Caesars Entertainment Corporation (CEC) and its affiliates, including Caesars Acquisition Company, Caesars Growth Partners, and others, alleging fraudulent transfers, breaches of fiduciary duties, and other misconduct. The complaint details a series of transactions where valuable assets were transferred from Caesars Entertainment Operating Company (CEOC) to entities controlled by CEC and its sponsors, Apollo Global Management and TPG Capital, to the detriment of CEOC's creditors. The complaint seeks recovery of assets, monetary damages, and other relief.
documents/EFTA01091533.pdf
{}