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

Sectors & Industries:

  1. October 07, 2014

    Trump Resorts Didn't Bargain In Good Faith, Union Says

    The union representing more than 1,000 Trump Entertainment Resorts Inc. employees lodged its formal objection Tuesday to the bankrupt casino operator's bid to reject their collective bargaining agreement, accusing the debtor of not negotiating in good faith by not bringing the Carl Icahn lender companies to the table.

  2. October 03, 2014

    Trump Entertainment Loses Bid To Dodge Pension Duties

    A Delaware bankruptcy judge said Friday that Trump Entertainment Resorts Inc. can't get out of its pension obligations without scrapping the entire collective bargaining agreement with its union, ruling the casino operator hadn't shown sufficient evidence of immediate harm or that the measure is allowed under the Bankruptcy Code.

  3. October 02, 2014

    Trump Entertainment, Union Scolded By Judge Over CBA Row

    A Delaware bankruptcy judge scolded both Trump Entertainment Resorts Inc. and its union at a Thursday hearing where the Atlantic City casino operator sought to stop its pension contributions, saying the sides have not negotiated hard enough to resolve the dispute over their collective bargaining agreement.

  4. October 01, 2014

    Trump Resorts Files Ch. 11 Plan With Icahn Debt-Equity Swap

    Trump Entertainment Resorts Inc. unveiled its Chapter 11 plan Wednesday on the eve of the fight to reject its union deal, which, along with securing massive tax cuts, is crucial to the strategy for investor Carl Icahn to inject $100 million into the company in exchange for an equity stake.

  5. September 30, 2014

    Trump Resorts Gets Quick Hearing On Taj Mahal Pension Plan

    A Delaware bankruptcy judge on Tuesday agreed to hold an expedited hearing on Trump Entertainment Resorts Inc.'s request to stop pension payments to the National Retirement Fund that are required by a collective bargaining agreement for the Trump Taj Mahal casino in Atlantic City, New Jersey.

  6. September 29, 2014

    Trump Resorts Aims To Ax Union Pact, Add $100M Icahn Stake

    Bankrupt Trump Entertainment Resorts Inc. moved Friday to reject its contract with unionized casino employees, saying a new labor deal is a key element in a designed Chapter 11 plan that would see Carl Icahn inject $100 million into the ailing Trump Taj Mahal in Atlantic City.

  7. September 25, 2014

    Donald Trump Asks To Be Forgotten — And Fast

    Donald Trump, who has expressed interest in buying back into the bankrupt casinos that bear his name, asked the Delaware bankruptcy court late Wednesday to allow him to go forward with a lawsuit to remove his moniker from the properties and wants fast-track relief.

  8. September 16, 2014

    Donald Trump Says He May Buy Back In To Bankrupt Casinos

    Donald J. Trump indicated Tuesday that he's considering buying back in to the bankrupt casinos that bear his name, tweeting that he may be interested in making an offer to rescue the two Trump Entertainment Resorts Inc. gaming properties in Atlantic City, one of which closed hours before his announcement.

  9. September 10, 2014

    Trump Entertainment Could Wind Down If Taj Mahal Closes

    An attorney for Trump Entertainment Resorts Inc. told a U.S. bankruptcy judge Wednesday that the fate of the casino company hinges on whether it has to close the Taj Mahal in Atlantic City, and if it doesn't get concessions from its union, a shutdown is a "significant possibility."

  10. September 09, 2014

    Trump Entertainment Resorts Files For Ch. 11

    Trump Entertainment Resorts Inc. filed for Chapter 11 protection Tuesday in Delaware, listing more than $300 million in debt and citing a slew of factors contributing to its petition, including a decline in the Atlantic City gaming market, high labor and tax costs, and a spate of unusual weather that has pummeled the New Jersey shore.