Caesars Examiner Analyzes Tax Refunds and Tax Attributes as Potential Fraudulent Transfers

katelynjoly Bankruptcy Tax, Financial Management, Fraud & Forensics

The long awaited examiner report in the Caesars Entertainment Operating Company (“CEOC”) case was issued on March 15, 2016 (the “Report”).1 The Examiner found over $5 billion in potential recoveries due CEOC, and among them was $55 million in tax refunds and a potential future claim for the use of CEOC tax attributes by other members of the consolidated group.2 …