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Rival Disclosure Statements Approved In Trump Ch. 11

Law360, New York (October 08, 2009) -- A federal bankruptcy judge has approved for adequacy two rival disclosure plans in the Chapter 11 case of Trump Entertainment Resorts Inc., despite objections from the debtors.

In a hearing held Wednesday, Judge Judith Wizmur of the U.S. Bankruptcy Court for the District of New Jersey approved the two plans, one from the bankrupt company and one...

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