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   Trump Casinos Seek Bankruptcy Protection

NEWS INFORMATION

Parent

Parent

News Date

11/22/2004 12:00 am

Author

Media

Yahoo News

Category

Amusing

Database Record

Entered 11/22/2004, Updated 11/22/2004

Original Article

Link

Description

NEWARK, N.J. - Donald J. Trump's casino empire has filed for bankruptcy protection after months of negotiations with bondholders over restructuring a crushing debt. Trump Hotels & Casino Resorts Inc. and numerous related operations filed for protection from its creditors under Chapter 11 of the bankruptcy code on Sunday in U.S. Bankruptcy Court in Camden, N.J. The Trump casino business consists mainly of three Atlantic City properties and a riverboat casino in Indiana and are only a small part of Trump's overall real estate empire. The filings come even as Trump, the celebrity developer and best-selling author, has returned to the spotlight with the television show "The Apprentice," which turned "You're fired" into a national catch phrase.


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