On January 12, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Trump Entertainment Resorts, Inc. (2014) and its affiliates.
The filing was assigned docket number 750 and is described on the court’s official docket as follows:
Objection – (A) Supplement to Limited Objection and Reservation of Rights of Trump AC Casino Marks, LLC, With Respect to the Debtors’ Motion for Order (I) Authorizing Debtors to Obtain Postpetition Financing Pursuant to Section 364 of the Bankruptcy Code, (II) Granting Adequate Protection to the Prepetition Secured Parties Pursuant to Sections 361, 362, 363 and 364 of the Bankruptcy Code, (IV) Granting Liens and Superpriority Claims, and (V) Modifying Automatic Stay and (B) Cross-Motion Seeking to Vacate Stipulations and Orders Extending Debtors’ Authorization to Use Cash Collateral (related document(s), , , , , , , ) Filed by Donald J. Trump, Ivanka Trump, Trump AC Casino Marks LLC (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C) (Reilley, Patrick)
Trump Entertainment Resorts, Inc. (2014) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 9, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-12103. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to Trump Entertainment Resorts, Inc. (2014) in the bankruptcy case.