Judge OKs Rival Trump Casino Disclosure Statements

Law360, New York (January 6, 2010, 6:31 PM EST) -- The judge overseeing the Trump Entertainment Resorts Inc. bankruptcy gave the green light Wednesday to rival disclosure statements, one filed by an ad hoc committee of noteholders and supported by Donald Trump and the other filed by Beal Bank and Icahn Partners.

Judge Judith H. Wizmur of the U.S. Bankruptcy Court for the District of New Jersey also approved voting procedures for the competing plans in her order.

A confirmation hearing was set for Feb. 16, and a deadline for objections to the plans is set...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.