TER Holdings I, Inc

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Case overview

Case Number:

1:14-bk-12103

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

National Labor Relations Board

Sectors & Industries:

March 04, 2015
Trump Resorts Tells 3rd Circ. Axing CBA Was Legal

Trump Entertainment Resorts Inc. told a Third Circuit panel Wednesday that its decision to dump the collective bargaining agreement with roughly 1,000 Taj Mahal employees was supported by bankruptcy law, and the union's position on appeal would yield a "downright absurd" result never intended under the Bankruptcy Code.
March 02, 2015
The Donald Thinks Trump Resorts Too Slow On Driveway Lease

Donald J. Trump, who says bankrupt Trump Entertainment Resorts Inc. owes him thousands of dollars in rent and taxes he paid for the driveway to the now-closed Trump Plaza, said Monday he wants the debtor to stop delaying the decision on what to do with the lease.
February 20, 2015
Trump's Fight To Wipe Name Off Bankrupt Casino Is Back On

Donald Trump can resume his fight to take the "Trump" out of the Trump Taj Mahal, as a Delaware bankruptcy judge agreed Friday to let the celebrity entrepreneur move forward with a breach of contract suit against the casino's bankrupt owner.
February 19, 2015
Trump Creditors Strike Deal To Support Icahn-Backed Plan

Trump Entertainment Resorts Inc. cleared a major hurdle Thursday toward emerging from bankruptcy when the casino operator's unsecured creditors announced a settlement with top lender and Chapter 11 sponsor Carl Icahn to more than triple their proposed recoveries.
February 13, 2015
Taj Mahal Union Tells 3rd Circ. CBA Wrongly Axed In Ch. 11

The union representing over 1,000 Taj Mahal employees told the Third Circuit on Thursday that Trump Entertainment Resorts Inc. is misreading Chapter 11 law and the Delaware bankruptcy court never had the authority to allow the Atlantic City casino operator to discard its collective bargaining agreement with the workers.
February 11, 2015
Trump Casino Inks $10M Deal To End Anti-Laundering Claims

Perennially bankrupt Atlantic City casino Trump Taj Mahal reached a $10 million enforcement deal Tuesday with the Treasury Department's Financial Crimes Enforcement Network after "extensive negotiations," settling assertions that it violated the Bank Secrecy Act.
February 10, 2015
Trump Entertainment Unsecured Creditors Fight To Sue Icahn

Trump Entertainment Resorts Inc.'s unsecured creditors committee pressed the Delaware bankruptcy court Tuesday for the right to bring claims against the senior lenders — companies controlled by billionaire Carl Icahn — on behalf of Trump Entertainment amid fierce resistance from both the secured creditor and the casino operator.
February 06, 2015
Trump Resorts, Icahn Blast Unsecured Creditors' Bid To Sue

Trump Entertainment Resorts Inc. and its secured creditors controlled by Carl Icahn urged a Delaware bankruptcy judge Friday to deny the unsecured creditors committee standing to sue the senior lenders on behalf of the estate and challenge some of their liens, arguing they have no evidence for their claims.
February 02, 2015
NLRB Supports Taj Mahal Workers In Ch. 11 Contract Fight

The National Labor Relations Board on Friday threw support behind the Taj Mahal casino union, telling the Third Circuit that Trump Entertainment Resorts Inc. should not have been allowed to ax a collective bargaining agreement in the name of its bankruptcy.
January 28, 2015
Trump Resorts Gets OK To Solicit Creditors, $20M Icahn Loan

A Delaware bankruptcy judge said Wednesday that he would approve both Trump Entertainment Resorts Inc.'s Chapter 11 plan disclosure statement and $20 million in debtor-in-possession financing from lender companies controlled by Carl Icahn, but cautioned the debtor may have a "tough time" when the case is up for confirmation.