Legal Opinion

Meehancombs Global Credit Opportunities Master Fund, LP v. Caesars Entertainment Corp.

District Court, S.D. New York

Decided December 29, 2015No. 14-cv-7091(SAS); 14-cv-7973(SAS)PublishedCited by 8 opinions

1Opinion of the Court

*204OPINION AND ORDER

SHIRAA. SCHEINDLIN, UNITED STATES DISTRICT JUDGE.

I. INTRODUCTION

These related actions are for enforcement of the Guarantee obligations of Caesars Entertainment Corporation’s (“CEC”) on Notes issued by Caesars Entertainment Operating Company (“CEOC”). Plaintiffs1 now seek partial summary judgment arguing that CEC violated section 316(b)2 of the Trust Indenture Act of 1939 (the “TIA”), as well as certain provisions of the Indenture governing the Notes, when in August 2014, CEC amended the Indenture to remove the Guarantee (the “August Transaction”) without plaintiffs’ consent.…

2Cases cited37 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
  3. Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
  4. Brown v. Eli Lilly and Co.Court of Appeals for the Second Circuit · 2011
  5. Kaytor v. Electric Boat Corp.Court of Appeals for the Second Circuit · 2010

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3Cited by8 opinions

  1. In re Motors Liquidation Co.District Court, S.D. Illinois · 2018
  2. BOKF, N.A. v. Caesars Entertainment Corp.District Court, S.D. New York · 2016
  3. 29 Beekman Corp. v. Blank RomeDistrict Court, S.D. New York · 2021
  4. Ameriprise Captive Insurance Company, as subrogee of IDS Property Casualty Insurance Company v. Audatex North America, Inc.District Court, S.D. New York · 2023
  5. In Re: Wansdown Properties Corporation N.V.District Court, S.D. New York · 2021

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