Trump Entertainment gets interim operating cash

Published



WILMINGTON, Del. (AP) — A Delaware bankruptcy judge on Wednesday agreed to allow Trump Entertainment Resorts to temporarily continue operations using cash owed to billionaire Carl Icahn, the company’s sole secured lender.

Judge Kevin Gross also signed routine orders allowing the company, which owns two Atlantic City casinos, to continue paying vendors and employees as it works on a debt restructuring that could avert the closing of the Taj Mahal Casino Resort.

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