Caesars Entertainment Corp. may come under renewed pressure to make peace with creditors after losing a courtroom skirmish to bondholders seeking to collect a $750 million debt owed by the company’s bankrupt operating unit, Bloomberg News reported on Friday. The ruling on Thursday by U.S. District Judge Shira Scheindlin is the latest blow to the casino giant’s efforts to shield itself from responsibility for the debts of Caesars Entertainment Operating Co. That unit filed for creditor protection in January. The trustee for a group of the operating unit’s bondholders alleged that the parent improperly abandoned guarantees to honor the unit’s obligations, according to court documents. In a victory for the bondholders, Scheindlin said that the trustee can ask her to rule on parts of the case without first holding a trial or having the parties exchange more documents. The same judge refused to dismiss a similar claim in January.
