Daily News: February 23, 2015

Trump Creditors Settle to Ease Bankruptcy Exit

Bloomberg reported a panel representing Trump Entertainment Resorts’ unsecured creditors reportedly reached a deal to resolve disputes over a restructuring plan with the bankrupt casino company and lenders controlled by billionaire Carl Icahn.

Bloomberg also reported the settlement opens a path for Trump Entertainment to exit bankruptcy on schedule, according to Karen A. Giannelli, a lawyer for the committee of unsecured creditors.

To read the entire Bloomberg article, click here.