PRESS OF ATLANTIC CITY: Trump Entertainment Resorts, which operates two casinos in Atlantic City, filed for bankruptcy Tuesday.
A host of related companies also filed for bankruptcy in Delaware, including Trump Taj Mahal Associates, which runs the Trump Taj Mahal casino-hotel in Atlantic City. The other Trump casino, Trump Plaza, is slated to close next week…
In bankruptcy papers filed Monday in Delaware, Taj Mahal estimated that it had assets of $100 million to $500 million, and that its liabilities fell between $500 million to $1 billion. It said it had 1000-5000 creditors… (more)
