A judge in Camden, N.J., has approved a global settlement that puts a halt to remaining litigation in the Trump Entertainment Resorts bankruptcy, months after the company emerged from Chapter 11.

But in signing off on the deal on Tuesday, Chief Bankruptcy Judge Judith Wizmur deferred deciding whether to approve a request for payment of $19.5 million in fees and costs for professional advice to the bondholders, who obtained a controlling interest under the reorganization plan.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]