{"id":8000,"date":"2014-09-12T03:23:08","date_gmt":"2014-09-12T03:23:08","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/09\/12\/bankrupt-trump-entertainment-can-stay-in-business\/"},"modified":"2014-09-12T03:23:08","modified_gmt":"2014-09-12T03:23:08","slug":"bankrupt-trump-entertainment-can-stay-in-business","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/09\/12\/bankrupt-trump-entertainment-can-stay-in-business\/","title":{"rendered":"Bankrupt Trump Entertainment can stay in business"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nASSOCIATED PRESS<br \/>\n\tWILMINGTON, Del. \u2014 A Delaware bankruptcy judge is allowing a company that owns two Atlantic City casinos to continue operations. For now.<\/p>\n<p>\tThe judge on Wednesday allowed Trump Entertainment Resorts to remain operating temporarily using cash owed to the company\u2019s sole owner, billionaire Carl Icahn.<\/p>\n<p>\tThe judge also allowed the company to continue paying vendors and employees as it works on a debt restructuring to avoid closing its Taj Mahal Casino Resort.<\/p>\n<p>\tThe company, whose Trump Plaza resort is closing in a week, sought bankruptcy protection Tuesday and has threatened to close the Taj Mahal in November if it doesn\u2019t win concessions from union workers.<\/p>\n<p>\tFollowing a previous bankruptcy filing in 2009, Icahn became the company\u2019s senior secured lender. As of Tuesday\u2019s filing, he is owed more than $285 million plus unpaid interest.<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASSOCIATED PRESS WILMINGTON, Del. \u2014 A Delaware bankruptcy judge is allowing a company that owns two Atlantic City casinos to continue operations. For now. The judge on Wednesday allowed Trump Entertainment Resorts to remain operating temporarily using cash owed to&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8000","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8000"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8000\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}