A group of current and former Hilton Hotels Corp. executives accuse the hotel giant of failing to pay $4.7 million in retirement benefits it allegedly owes as part of its relationship with Caesars Entertainment Corp. (Boyle v. Hilton Hotels Corp., D. Nev., No. 2:16-cv-02250), Bloomberg’s Pension & Benefits Daily reported yesterday. The lawsuit, filed on Monday in the U.S. District Court for the District of Nevada, brings attention to the 1998 spin-off of Hilton’s gaming division — formerly known as Park Place Entertainment Corp. — which later changed its name to Caesars. After Caesars filed for bankruptcy last year, Hilton sued the gaming company for its alleged failure to pay at least $17.7 million in contributions to a pension fund for former Hilton employees. The case was settled this summer in the bankruptcy court.
