CDS panel convenes on Caesars
January 09, 2015 at 12:05 PM EST
NEW YORK, Jan 9 (IFR) - A failure by ISDA's Credit Determinations Committee to agree whether Caesars Entertainment entered into a technical default in December has resulted in the convening of an external arbitration panel for the first time in six years, and has added to concerns that credit default swaps have begun to unduly influence lender activity.