Icahn Seeks Expedited Appeal Of Trump’s Plan

Law360, New York (June 11, 2010, 2:54 PM EDT) -- Billionaire investor Carl Icahn is seeking to fast-track an appeal of a bankruptcy court’s decision to go with Donald Trump’s reorganization plan for bankrupt casino company Trump Entertainment Resorts Inc. instead of Icahn’s plan.

Certain funds controlled by Icahn and first-lien lender Beal Bank SSB filed an emergency bid with the U.S. District Court for the District of New Jersey on Thursday, arguing that if their appeal is not expedited, they may be stripped of their right to appellate review of critical issues in connection with...
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