In re Trump Taj Mahal Associates
This primary source from U.S. Bankruptcy Court for the District of New Jersey via CaseMine supports 5 claims across 4 ledger entries.
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Claims supported by this source
- analysisdocumented
The restructuring contradicted the launch's financial-success promise, while the casino continued operating and Trump retained an ownership interest.
Bankruptcy filing date, plan, and case historyTaj Mahal debt restructuring: Audit finding · Cited analysis
- factdocumented
Trump Taj Mahal Associates filed for Chapter 11 protection under a negotiated restructuring plan.
Bankruptcy filing date, plan, and case historyTaj Mahal debt restructuring: The record · The record
- factdocumented
Trump controlled and promoted the debtor casino and negotiated the restructuring.
Bankruptcy filing date, plan, and case historyTaj Mahal debt restructuring: The record · The record
- factdocumented
Bondholders exchanged debt for ownership while the casino continued operating.
Bankruptcy filing date, plan, and case historyTaj Mahal debt restructuring: Affected group · Affected group
- factdocumented
The filing was corporate, not personal, and preserved the operating business.
Bankruptcy filing date, plan, and case historyTaj Mahal debt restructuring: Evidentiary limit · Evidentiary limit