Atlantic City Casino Files For Ch. 11 Protection

Law360, New York (November 7, 2013, 3:49 PM EST) -- The Atlantic Club Casino Hotel filed for Chapter 11 bankruptcy protection in New Jersey bankruptcy court on Thursday, saying it is seeking an expedited sale while continuing to operate its business as usual.

In its voluntary petition for Ch. 11 protection, filed in the District of New Jersey, RIH Acquisitions NJ LLC , which owns the casino on Atlantic City's boardwalk, listed both assets and liabilities of less than $50,000.

The company's casino, hotel and restaurants will remain open and operate on normal schedules while the...
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