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Caesars appoints bankruptcy judge as chief restructuring officer

9th May 2016 8:10 am GMT
Caesars Entertainment

Caesars Entertainment Corporation has appointed retired bankruptcy judge Robert Gerber as chief restructuring officer following a recommendation from the casino operator’s independent director committee, the Strategic Alternatives Committee.

Gerber will report to the Committee and help it carry out its responsibilities. This includes advising on a potential restructuring of Caesars Entertainment should it fail to resolve its differences with Caesars Entertainment Operating Committee (CEOC) and its creditors with regards to CEOC's restructuring and related litigation against the [...]

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