Richard Davis made a name for himself as a prosecutor during the US Watergate scandal in the 1970’s that eventually saw President Richard Nixon resign to avoid impeachment. He has also worked for Weil Gotshal and Manges as a partner. The firm deals in bankruptcy. Davis has been approved to investigate Caesars Entertainment Corporation regarding their bankruptcy.

Judge Benjamin Goldgar made the approval at a hearing in Chicago bankruptcy court tasking Davis with a fairly wide-open role to see if there was any conflict of interest within the bankruptcy unit. Davis will look to see if the operating unit of Caesar’s received true value for premiere properties such as The Linq in Las Vegas.

According to allegations by creditors, 38 casinos have benefited from Caesars Entertainment bankruptcy. They further state the parent company of Caesars is not bankrupt. Davis will have to determine if this is true and whether there is a case to be heard.

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