Believed

Tepper Likely to Win $11B Lawsuit Against Caesars

David Tepper is the odds-on favorite to win an $11 billion lawsuit against Caesars Entertainment. That’s according to the mediator trying to hammer out a deal between the casino giant and holdout creditors in the contentious bankruptcy of Caesars’ biggest operating unit. Creditors, including Tepper’s Appaloosa Management, have sued Caesars in New York, accusing the non-bankrupt parent of …