UMB Bank v. Caesars Entertainment Corp., C.A. No. 10393-VCG (Del. Ch. 2015)
February 1, 2015
The firm, together with Quinn Emanuel Urquhart & Sullivan, LLP and Katten Muchin Rosenman LLP, represented UMB Bank, as indenture trustee for certain senior noteholders, in expedited litigation seeking the appointment of a receiver over Caesars' operating subsidiary based upon the alleged looting of billions of dollars in assets. After the Court granted expedition over defendants' objections, the senior creditors reached a favorable agreement with Caesars.