Friday, April 1, 2016

Extra-marital affair tangles Caesars bankruptcy planning

By Tracy Rucinski and Tom Hals

April 1 (Reuters) - An extra-marital affair of a

restructuring adviser working for the bankrupt unit of Caesars

Entertainment Corp has cost the casino operator a team

of key advisers just as the unit faces a Monday deadline to

submit a plan to end its $18 billion bankruptcy.

The bankrupt operating unit hired financial adviser Melissa

Knoll and her team in 2014 to help probe creditor allegations

that its parent, Caesars, stripped away its best hotels and le

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