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Trump Hotels & Casino Resorts gets bankruptcy reorganization.(front page)(Brief Article)

Business Credit

| May 01, 2005 | COPYRIGHT 2005 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Trump Hotels & Casino Resorts has won court approval to emerge from bankruptcy. The reorganization will require a bonds-for-equity swap under which Trump will surrender majority control but retain the titles of Chairman and Chief Executive Officer in the new company, to be called Trump Entertainment Resorts--emerging from bankruptcy in early May. As part ...

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