Trump Entertainment Resorts Inc, Donald Trump's casino group, is expected to file for bankruptcy today
Trump Entertainment Resorts Inc, Donald Trump's casino group, is expected to file for bankruptcy today, The Wall Street Journal reported.
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The company's board was scheduled to meet late last night to decide whether to authorise the filing, the newspaper reported in its online edition. Otherwise, the casino operator would be forced into bankruptcy involuntarily by creditors, the newspaper said.
Such a filing would mark the third appearance in bankruptcy court for Trump Entertainment, which most recently emerged from bankruptcy proceedings in 2005, the newspaper said.