Trump's Castle and Plaza file for bankruptcy

United Press International1992-03-09

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reported
Casino creditors were bound to the restructuring while the property remained open.
Entire report and restructuring terms
Trump Plaza casino debt restructuring: Affected group · Affected group
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Operations continued, but creditors absorbed the revised terms. That qualifies the claimed benefits of corporate bankruptcy.
Entire report and restructuring terms
Trump Plaza casino debt restructuring: Audit finding · Cited analysis
reported
Continued operation and negotiated creditor support are material counterevidence to describing the filing as a complete business collapse.
Entire report and restructuring terms
Trump Plaza casino debt restructuring: Evidentiary limit · Evidentiary limit
documented
Trump Plaza Hotel and Casino filed for Chapter 11 protection under negotiated terms.
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Trump Plaza casino debt restructuring: The record · The record
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Trump owned and controlled the Plaza casino debtor.
Entire report and restructuring terms
Trump Plaza casino debt restructuring: The record · The record
reported
Creditors accepted revised terms while the casino continued operating.
Entire report and restructuring terms
Trump's Castle debt restructuring: Affected group · Affected group
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The filing contradicts an unqualified business-success account. The corporate restructuring preserved casino operations, and it was not Trump's personal bankruptcy.
Entire report and restructuring terms
Trump's Castle debt restructuring: Audit finding · Cited analysis
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The filing was by a corporate casino entity and did not constitute Trump's personal bankruptcy.
Entire report and restructuring terms
Trump's Castle debt restructuring: Evidentiary limit · Evidentiary limit
documented
Trump's Castle filed for Chapter 11 protection as part of a creditor restructuring.
Entire report and restructuring terms
Trump's Castle debt restructuring: The record · The record
documented
Trump owned and controlled Trump's Castle at the time of the filing.
Entire report and restructuring terms
Trump's Castle debt restructuring: The record · The record