Trump Hotels, Hurt by Debt, Files for Bankruptcy
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. filed for bankruptcy protection with a plan to cut debt by $400 million and renovate its properties.
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Staking Donald Trump to some badly needed cash, a judge signed off Wednesday on a &#36;100 million loan that will keep his casinos open while his company's bankruptcy case winds through the courts.
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The collapse of talks to secure financing for the struggling casinos of Donald Trump left him scrambling to find alternate solutions.
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NEW YORK -- Donald J. Trump&#39;s casino empire has filed for bankruptcy protection after months of negotiations with bondholders over restructructuring a crushing debt.
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Trump Hotels and Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , trying to restructure $1.8 billion in debt, said on Wednesday that it and DLJ Merchant Banking Partners
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Donald J. Trump&#39;s struggling casino operation has filed for bankruptcy reorganization, according to court documents, effectively commencing a recapitalization plan that was announced last month.
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Loans made to people with weak credit during the housing boom have pushed more than 20 companies into bankruptcy.
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The company that operates Donald J. Trump&#39;s casinos has filed for bankruptcy protection, along with some related companies. Here are some questions and answers about what this means for Trump, his employees, gamblers and creditors:
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Trump Hotels &amp; Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , which has been on the brink of bankruptcy, said on Thursday that bondholders have approved the company&#39;s
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Trump Hotels &amp; Casino Resorts Inc., which has been on the brink of bankruptcy, said on Thursday that a majority of bondholders have approved a debt restructuring plan
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FRENCH LICK, Ind. -- A state gaming official says it&#39;s too soon to discuss replacing financially troubled Trump Hotels and Casino Resorts Inc.
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The flagship company of flamboyant businessman Donald Trump has filed for voluntary bankruptcy in the US. Trump Hotels &amp; Casino Resorts has gone into Chapter 11 protection as it tries to restructure $1.8bn (Â£969m) in debt.
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NEWARK, NJ - Patrons of Donald Trump&#39;s gambling halls probably won&#39;t notice, but his casino empire is now in bankruptcy after months of negotiations with bondholders over a crushing $1.8 billion debt.
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DONALD TRUMPâS casino business filed for Chapter 11 bankruptcy protection yesterday, a month after the New York magnate halved his stake in the unit in an effort to stave off a debt crisis.
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American billionaire Donald Trump will this week submit a planning application for a golf course development in Scotland worth one billion pounds (1.9 billion dollars, 1.5 billion euros), he said in an interview with The Guardian.
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Donald Trump got fired. Now he's asking for &#36;500 million. The real estate mogul and television star is offering to drop his breach of contract lawsuit against the Eastern Pequot tribe and the casino investors who replaced him in exchange for a half a billion dollars.
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Casino mogul Donald Trump said on Thursday he is focusing on striking a deal with bondholders, a day after his struggling casino company ended talks with a potential equity partner that would have brought in a $400 million