Legal Opinion
In re Caesars Entertainment Operating Co.
United States Bankruptcy Court, N.D. Illinois
Decided March 16, 2016No. 15 B 1145 (Jointly administered)PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION
A. Benjamin Goldgar, United States Bankruptcy Judge
Before the court in these “immense, and immensely complicated,” bankruptcy cases, Caesars Entm’t Operating Co., Inc. v. BOKF, N.A. (In re Caesars Entm’t Operating Co., Inc.), 808 F.3d 1186, 1187 (7th Cir. 2015), is the motion of the Statutory Unsecured Claimholders Committee (the “Committee”) for derivative standing. The *460Committee wants standing to commence, prosecute, and settle a host of claims on behalf of the debtors’ estates.
As explained below, the Committee has failed at this juncture to show that it is entitled to…
2Cases cited21 opinions
- Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
- Independent Trust Corp. v. Stewart Information Services Corp.Court of Appeals for the Seventh Circuit · 2012
- In the Matter of Xonics Photochemical, Inc., Debtor. Appeal of Mitsui and Company (u.s.a.), IncCourt of Appeals for the Seventh Circuit · 1988
- In the Matter of Thomas J. Perkins, Jr., Debtor-Appellant, and Appeal of Teachers' Retirement System of the State of Illinois, InterveningCourt of Appeals for the Seventh Circuit · 1990
- Fisher v. ApostolouCourt of Appeals for the Seventh Circuit · 1998
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3Cited by4 opinions
- In re Sweports, Ltd.United States Bankruptcy Court, N.D. Illinois · 2017
- Johns v. People Security Bank and Trust CompanyUnited States Bankruptcy Court, S.D. West Virginia · 2025
- Manley Toys LimitedUnited States Bankruptcy Court, D. New Jersey · 2020
- The Diocese of Camden, New JerseyUnited States Bankruptcy Court, D. New Jersey · 2022