Trump's Firm Defends Lien On $1.3M Contingency Award

Law360, New York (November 12, 2014, 7:18 PM EST) -- Levine Staller Sklar Chan & Brown PA pressed the judge overseeing Trump Entertainment Resorts Inc.'s Chapter 11 on Monday to safeguard a $1.25 million fee claim that the casino operator and its top lender, Carl Icahn, want treated as unsecured debt.

Levine Staller is locked in battle over Trump's failure to pay out the entirety of a $7.25 million contingency fee award that the firm was promised for winning a $50 million reduction on the debtor's property taxes. Trump and Icahn are challenging the so-called charging lien securing that award, saying that the firm must wait to be paid out in...

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