Revoked Mediation Rules in Chicago’s Bankruptcy Court?!

By Donald L. Swanson Whoa Nelly!! Who saw this one coming? BloombergBusiness reports as follows  about yesterday's hearing in Chicago on Caesars Entertainment's Motion to appoint a mediator:  Mediation is a great idea that is months overdue, [Bankruptcy Judge] Goldgar said. But last month, the local rules that gave federal judges power to order mediation in... Continue Reading →

Judge Denies Mediation Motion in Caesars Entertainment Bankruptcy “As Unnecessary”

By Donald L. Swanson Caesars Entertainment recently filed its Motion to appoint a mediator for plan confirmation issues. Thereafter, nearly a dozen responses to the Motion are filed by creditors and other constituencies.  No response opposes the Motion—most offer suggestions for maximizing mediation effectiveness.  An ad hoc committee’s response even declares:  “the Debtors’ proposed mediation... Continue Reading →

ACTION ITEM: from Caesars Entertainment Post

Action Item.  Let's urge all constituencies in every Chapter 11 case to create a "successful path" toward plan confirmation by seeking the appointment of a mediator. #caesarsentertainment   #bankruptcy   #mediation  #bankruptcymediation

Caesars Entertainment Bets on Mediation — A Developing Trend?

By Donald L. Swanson Mediation should be standard procedure in Chapter 11 plan confirmation processes. Many of us have been arguing this point for years!  Caesars Entertainment now agrees and is placing its bet accordingly.  Caesars Entertainment files for Chapter 11 relief in the Northern District of Illinois on January 15, 2015 (Case No.15-01145).  On... Continue Reading →

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