Trump Entertainment Resorts files for bankruptcy

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Trump Entertainment Resorts, the Trump Taj Mahal, and two dozen other affiliated Trump companies file for bankruptcy in New Jersey… again.

The Taj Mahal first went to bankruptcy court in 1991. Trump Hotels and Casino Resorts filed for bankruptcy in 2004.

From the U.S. Bankruptcy Court for the District of Delaware:


On November 21, 2004, TER’s predecessor entity, Trump Hotels & Casino Resorts, Inc., together with 28 affiliates and subsidiaries (collectively, the “2004 Debtors”), filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the District of New Jersey (Case No. 04-46898 (JHW)) (the “2004 Chapter 11 Cases”).

On April 5, 2005, the Bankruptcy Court entered an order confirming a chapter 11 plan of reorganization with respect to the 2004 Debtors, and on May 20, 2005 the plan became effective. On March 17, 2009, the Bankruptcy Court issued its final decree and order closing the 2004 Chapter 11 Cases…

Consequently, on February 17, 2009, TER and its direct and indirect subsidiaries (collectively, the “2009 Debtors”) filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the District of New Jersey (Case No. 09-13654 (JHW)) (the “2009 Cases”).

On May 7, 2010, the Bankruptcy Court entered an order (the “2010 Confirmation Order”) confirming a chapter 11 plan of reorganization with respect to the 2009 Debtors (the “2010 Plan”), and on July 16, 2010 the 2010 Plan became effective. On January 10, 2012, the Bankruptcy Court issued its final decree and order closing the 2009 Cases.

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