Icahn, Trump Hatch Truce Over Fees In Ch. 11 Battle

Law360, New York (October 1, 2010, 3:10 PM EDT) -- The battle between Carl Icahn and Donald Trump over legal fees and other aspects of Trump Entertainment Resorts Inc.'s reorganization appears to have ended, following Icahn's filing of a motion that supports a settlement in which his side will get $15 million to cover its fees.

Beal Bank and Icahn Partners LP, the first-lien lenders to Trump Entertainment, said they backed the settlement, which will see its claims against the company increase by $12.5 million to $346.5 million, according to a motion filed Thursday in the...
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