Casino operator Caesars Entertainment has lost a bid to prevent a wide-ranging probe of its controversial asset transfers.

On Thursday, US Bankruptcy Judge A. Benjamin Goldgar approved Caesars’ request for the appointment of an independent examiner to look into transfers of certain assets out of Caesars’ main unit Caesars Entertainment Operating Co. (CEOC) into other Caesars divisions. CEOC, which holds 80% of Caesars’ industry high debt load, filed for Chapter 11 bankruptcy in January.

The asset transfers resulted in multiple legal challenges by junior creditors, who claimed Caesars had ‘looted’ CEOC in order to shield its more profitable assets from the bankruptcy proceeding. Caesars has proposed a restructuring plan that would transform CEOC into a real estate investment trust but the plan calls for junior creditors to recoup only about 10% of the $5b they are collectively owed.

Caesars had asked the bankruptcy court to appoint an outside examiner and offered to provide $10m to fund the examination. But Caesars also asked that the court shut down more invasive probes by junior creditors, who’d argued that Caesars was trying to limit the scope of the examiner’s investigation.