In this podcast, Sujeet Indap and Max Frumes, authors of the book Caesars Palace Coup, discuss the distress-for-control maneuvers and questionable asset transfers that Apollo spearheaded after the $30bn Leveraged Buyout of Caesars in 2008. They explore the showdown between Private Equity titans and creditors, highlighting the manipulation of legal and capital structures. Other topics include holiday plans, dealing with water damage, LBO structure, capital structure and risk in investments, Apollo's influence, Opco's financial struggles, and strategies in taking on Apollo in a distressed debt and restructuring situation.
