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Apr. 26, 2013

MoFo helps casino operator form new entity

Morrison & Foerster LLP helped Caesars Entertainment Corp. form Caesars Growth Partners LLC, which consists of existing Caesars holdings and $500 million in new investment.


By Andrew McIntyre


Daily Journal Staff Writer


Morrison & Foerster LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP helped guide casino operator Caesars Entertainment Corp. in forming Caesars Growth Partners LLC, an entity consisting of existing Caesars holdings as well as $500 million in new investment. Caesars announced the creation of Growth Partners on Tuesday, adding it could raise as much as $1.2 billion after a rights offering.

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