Epstein Files Search

EFTA01358960Dataset 10

1p568w

…id. at 335-38. The Subordinated Notes holders, the First-Lien Notes holders, and the 1.5-Lien Notes holders [**10] separately appealed.• 4 The appeals by the First-Lien Notes holders (No. 15-1682) and 1.5-Lien Notes holders (No. 15-1824) were consolidated and heard in tandem with the appeal by the Subordinated Notes holders (No. 15-1771). [*79/t] Ill [HN1I "We exercise plenary review over a district court's affirmance of a bankruptcy court's…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01358960.pdf

EFTA01091745Dataset 9

2016-05-1320p6,388w

Case 15-01145 Doc 3694 Filed 05/13/16 Entered 05/13/16 16:04:00 Desc Main Document Page 1 of 18 IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION Chapter 11 In re: CAESARS ENTERTAINMENT Case No. 15-1145 (ABG) OPERATING COMPANY, INC., et at (Jointly Administered) Debtors. NOTICE OF MOTION OF NOTEHOLDER COMMITTEE FOR ORDER GRANTING STANDING TO COMMENCE, PROSECUTE, AND SETTLE CLAIMS ON BEHALF OF THE DEBTORS' ESTATES PLEASE TAKE…

https://www.justice.gov/epstein/files/DataSet%209/EFTA01091745.pdf

EFTA01358962Dataset 10

1p586w

…argue that the Second-Lien Notes are subordinate to, for example, the First-Lien Notes--because, pursuant to the Intercreditor Agreement, the liens supporting the Second-Lien Notes are junior to the liens supporting the First-Lien Notes—and that they are therefore subordinate to other Indebtedness of the company. The lower courts rejected this argument, and concluded that the Second-Lien Notes unambiguously constitute Senior Indebtedness despite the Fourth Proviso. They did so in reliance on a distinction between…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01358962.pdf

EFTA01358967Dataset 10

1p683w

…rate "is to put the creditor in the same economic position that it would have been in had it received the value of its allowed claim ("28] immediately"); see also 15-1682 JA 3428 (First-Lien Notes holders' expert testifying that because the First-Lien Notes holders "are pricing it at the market . theyre being compensated for the underlying risk that they are taking," and not for any "imbedded profit"). We understand that the complexity of the task of determining…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01358967.pdf

EFTA01358964Dataset 10

1p629w

…at *9. Third, the Subordinated Notes holders' proposed interpretation that "in any respect" covers all junior liens would mean that no senior note classes would qualify as Senior Indebtedness because each was secured in some respect by a junior lien. For example, the First-Lien Notes were secured in part by a second priority lien on collateral securing a prepetition revolving credit facility. See 15-1771 JA 2425-26. We think it highly improbable that anyone understood this interpretation to…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01358964.pdf

EFTA01382628Dataset 10

2015-06-301p470w

…senior secured first lien notes due 2023 (collectively, the "first lien notes"). Pro fonna reflects the issuance of the 5.375% notes and the redemption and/or repurchase of the 7.375% notes and 8.875% notes. (5) Represents the aggregate face amount of our 8.25% senior secured second lien notes due 2021 and 8.75% senior secured second lien notes due 2022 (collectively, the "second lien notes" and, together with the first lien notes, the "senior secured notes").…

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01382628.pdf