TER Holdings I, Inc

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Case Number:

1:14-bk-12103

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

National Labor Relations Board

Sectors & Industries:

February 24, 2017
Trump Entertainment Needs More Time To Finish With Claims

The distribution trustee in Trump Entertainment Resorts Inc.'s Chapter 11 case told a Delaware bankruptcy court on Thursday that he needs more time to decide whether to object to what's left of the $1.9 billion in general unsecured claims asserted against the former Atlantic City, New Jersey, casino operator.
September 07, 2016
Trump Entertainment Launches $14M Clawback Campaign

Trump Entertainment Resorts Inc. launched a campaign of avoidance actions late Tuesday, seeking to recover more than $14 million in payments made shortly before the Atlantic City casino operator hit bankruptcy, including to rock band Smash Mouth and Beatles tribute band Beatlemania Now.
April 22, 2016
High Court Asked To Hear Trump Taj Mahal Labor Pact Row

A union representing workers at the Trump Taj Mahal in Atlantic City has urged the U.S. Supreme Court to reverse a ruling allowing the casino operator to reject an expired collective bargaining agreement, saying the Third Circuit displaced the National Labor Relations Board's enforcement authority.
February 29, 2016
Trump Taj Mahal Casino Now Icahn's After Exiting Ch. 11

The Trump Taj Mahal, an Atlantic City casino founded and formerly owned by presidential hopeful Donald Trump, entered billionaire investor Carl Icahn's portfolio via a nearly $300 million debt-for-equity swap on Friday when the casino's holding company exited Chapter 11 as planned.
January 28, 2016
3rd Circ.'s Trump Ruling A Blow To Labor In Ch. 11

The Third Circuit has made it easier for companies to shirk costly labor contracts through bankruptcy after ruling the owner of the Trump Taj Mahal can reject an expired collective bargaining agreement, a matter of first impression that may now tilt the balance of prepetition labor negotiations, experts say.
January 15, 2016
3rd Circ. Lets Trump Taj Mahal Nullify Labor Pact

In a matter of first impression, the Third Circuit on Friday allowed the owner of the Trump Taj Mahal in Atlantic City to nullify a collective bargaining agreement with approximately 1,000 employees, ruling that the action is permitted under U.S. bankruptcy law because the company's survival hinges on its ability to reduce its labor costs.
January 05, 2016
3rd Circ. Dragging Heels On Trump Casino Decision: Atty

The Third Circuit is taking too long to rule on the fate of the bankrupt Trump Taj Mahal casino and nearly 1,000 of its unionized workers, its attorneys say, telling court officials on Monday that the casino has been in limbo for 10 months and wants to get ready for the summer gambling season.
December 08, 2015
Trump Entertainment Granted 'Breathing Room' For Ch. 11

A Delaware bankruptcy judge on Tuesday gave Trump Entertainment Resorts additional time to retain control of its case after the casino operator sought "breathing room" in the event a Chapter 11 plan does not become effective, finding it served the parties' involved best interests.
December 03, 2015
Trump Entertainment Gets Nod On Beefed Up Bankruptcy Loan

A Delaware bankruptcy judge on Wednesday signed off on modifications to Trump Entertainment Resorts' Chapter 11 financing that increased the size of the company's loan by $12.6 million to cover the cost of paying Atlantic City property taxes due on its Taj Mahal casino.
November 19, 2015
Trump Entertainment Seeks Bigger Loan To Pay Taxes

Trump Entertainment Resorts on Thursday asked a Delaware bankruptcy judge to sign off on modifications to its Chapter 11 financing that would increase the size of its bankruptcy loan by $12.6 million to cover the cost of paying Atlantic City property taxes due on its Taj Mahal casino.

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