Caesars Entertainment Corporation saw its share price fall by more than 40 per cent in New York Wednesday after a judge refused to grant an injunction that would prevent its creditors from pursuing claims against the operator as it restructures its Caesars Entertainment Operating Company (CEOC) subsidiary.
In March, Caesars filed an adversary action against a number of creditors at the US Bankruptcy Court for the Northern District of Illinois in Chicago, requesting that these claimants be enjoined [...]
