U.S. Watchdog Raises Concern over Caesars Creditor Deal

On January 15, 2015, Caesars Entertainment Operating Company (CEOC), a subsidiary of Caesars Entertainment, filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Northern District of Illinois in Chicago (Case No. 15-01145). On Wednesday, October 19, 2016, a “lawyer for the U.S. government’s bankruptcy watchdog raised concerns in court on Wednesday over… Continue reading U.S. Watchdog Raises Concern over Caesars Creditor Deal

Las Vegas Realtor Sentenced for Bankruptcy Fraud Scheme

Former realtor Barbara Jean Dennis “pleaded guilty in February to bankruptcy fraud, admitting that she used the automatic stay provision in bankruptcy proceedings to avoid paying the mortgages, while at the same time, collecting rent from her tenants, according to a Department of Justice news release.” Dennis owned at least 12 real estate properties in Texas… Continue reading Las Vegas Realtor Sentenced for Bankruptcy Fraud Scheme