Trump Taj Mahal
A hearing is set for Thursday in Delaware in a dispute between Donald and Ivanka Trump and the casino company he once ran, over whether Atlantic City’s struggling Taj Mahal casino can continue to use the Trump name.
The owners of the Trump Taj Mahal are fighting back against Donald Trump’s bid to have his name removed from the struggling casino.
A federal bankruptcy judge in Delaware has approved the plan from billionaire investor Carl Icahn to take over the Trump Taj Mahal casino-hotel, in Atlantic City.
A federal bankruptcy court judge voided the labor contract at Atlantic City’s Trump Taj Mahal casino, raising hopes that the gambling hall and its 3,000 jobs could be saved.
Judge Kevin Gross is being asked by billionaire investor Carl Icahn, who holds most of the Taj Mahal’s debt, to dissolve union contracts and pension plans as one condition of taking over the place and keeping it running.
The protesters blocked an intersection at Missouri and Arctic Avenues.
Casino workers plan to block traffic on an Atlantic City, New Jersey highway Wednesday night to protest demands for contract givebacks being made to keep the Trump Taj Mahal open.
Tozour Energy Systems is asking a bankruptcy court judge in Delaware to let it terminate its contract with the Taj Mahal on Oct. 18, claiming it is owed more than $250,000.
As expected, workers at the Trump Taj Mahal casino-hotel in Atlantic City have received formal warning that their jobs may be gone by mid-November.
Once the crown jewel of the Atlantic City casino industry the Trump Taj Mahal filed for bankruptcy Tuesday and gave employees notice they’ll be laid off by mid-November
Sources tell CBS 3 Eyewitness News that the Trump Taj Mahal in Atlantic City is filing for bankruptcy, is expected to close in November and terminate all employees.
As Atlantic City reels from a wave of casino closings, there are reports that yet another shore resort gambling hall may soon head into federal bankruptcy court.
Trump has filed suit in New Jersey Superior Court to end a licensing agreement that puts his name on the Plaza and Taj Mahal hotel-casinos.
The real estate mogul and reality TV star, who presided over a casino empire in the glory days of Atlantic City, filed a lawsuit on Tuesday demanding that his name be stripped from the remaining two.
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