Caesars Entertainment Operating Company, Inc. (Voluntary) (f/k/a Harrah’s Operating Company, Inc.) Bankruptcy New Filing Alert: Order Regarding The Application For Authority To Retain Professionals





On November 18, 2015, an order regarding the application for authority to retain professionals was filed in the bankruptcy case of Caesars Entertainment Operating Company, Inc. (Voluntary) (f/k/a Harrah’s Operating Company, Inc.) and its affiliates.

The filing was assigned docket number 2636 and is described on the court’s official docket as follows:

Order – For the reasons stated on the record., the motion of the Second Lien Noteholders Committee to reconsider the retention of Kirkland & Ellis as counsel for the debtors is construed as a motion to revoke Kirkland’s retention. The issues on the motion are narrowed as follows: (1) what advice did Kirkland & Ellis give the CEOC board meeting on the August 3, 2014, and (2) whether that advice shows that Kirkland & Ellis is not disinterested as section 327(a) of the Bankruptcy Code requires. The Committee is permitted to take discovery on its motion limited to the following: the two conferences calls mentioned in the Committee’s reply preceding the August 3 board meeting, the August 3 board meeting itself, the original minutes of the meeting, the creation of the revised minutes, the approval of the revised minutes, and any communications about the New York action between Kirkland & Ellis and the two law firms acknowledged to have been involved in the decisions to file this action. The motion is continued for further status to January 20, 2016, at 1:30 p.m. (RE: [2514] Motion to Vacate). Signed on 11/18/2015 (Ross, Demetrius)

Caesars Entertainment Operating Company, Inc. (Voluntary) (f/k/a Harrah’s Operating Company, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 15-01145. The bankruptcy case is currently assigned to United States Bankruptcy Judge A. Benjamin Goldgar. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Caesars Entertainment Operating Company, Inc. (Voluntary) (f/k/a Harrah’s Operating Company, Inc.) in the bankruptcy case.

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