AIRLINK 79.50 Increased By ▲ 0.09 (0.11%)
BOP 5.34 Increased By ▲ 0.01 (0.19%)
CNERGY 4.37 Decreased By ▼ -0.01 (-0.23%)
DFML 33.70 Increased By ▲ 0.51 (1.54%)
DGKC 76.10 Decreased By ▼ -0.77 (-1%)
FCCL 20.45 Decreased By ▼ -0.08 (-0.39%)
FFBL 31.36 Decreased By ▼ -0.04 (-0.13%)
FFL 9.85 No Change ▼ 0.00 (0%)
GGL 10.24 Decreased By ▼ -0.01 (-0.1%)
HBL 116.90 Decreased By ▼ -1.03 (-0.87%)
HUBC 134.22 Increased By ▲ 0.12 (0.09%)
HUMNL 7.00 No Change ▼ 0.00 (0%)
KEL 4.58 Decreased By ▼ -0.09 (-1.93%)
KOSM 4.63 Decreased By ▼ -0.11 (-2.32%)
MLCF 37.10 Decreased By ▼ -0.34 (-0.91%)
OGDC 136.65 Decreased By ▼ -0.05 (-0.04%)
PAEL 23.10 Decreased By ▼ -0.05 (-0.22%)
PIAA 27.19 Increased By ▲ 0.64 (2.41%)
PIBTL 6.92 Decreased By ▼ -0.08 (-1.14%)
PPL 113.52 Decreased By ▼ -0.23 (-0.2%)
PRL 27.40 Decreased By ▼ -0.12 (-0.44%)
PTC 14.85 Increased By ▲ 0.10 (0.68%)
SEARL 57.15 Decreased By ▼ -0.05 (-0.09%)
SNGP 66.80 Decreased By ▼ -0.70 (-1.04%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.27 Increased By ▲ 0.04 (0.43%)
TPLP 11.62 Increased By ▲ 0.06 (0.52%)
TRG 72.00 Decreased By ▼ -0.10 (-0.14%)
UNITY 25.22 Increased By ▲ 0.40 (1.61%)
WTL 1.40 No Change ▼ 0.00 (0%)
BR100 7,523 Decreased By -3.3 (-0.04%)
BR30 24,579 Decreased By -71 (-0.29%)
KSE100 71,912 Decreased By -59.5 (-0.08%)
KSE30 23,745 Decreased By -4.2 (-0.02%)

imageCHICAGO: A US judge on Wednesday temporarily halted bondholder lawsuits against Caesars Entertainment Corp seeking up to $11.4 billion.

Caesars has said that rulings favorable to hedge fund bondholders suing in New York and Delaware courts could force the company into bankruptcy alongside its operating unit, which filed for Chapter 11 protection in January 2015.

Caesars has denied any wrongdoing.

Copyright Reuters, 2016

Comments

Comments are closed.