Daily News: November 7, 2013

WSJ: Atlantic Club Casino Prepares for Chapter 11; Cole Schotz Advises

The Wall Street Journal reported that Atlantic Club Casino Hotel, which is owned by California buyout firm Colony Capital, is preparing to file for Chapter 11 bankruptcy protection and will put the Atlantic City business up for auction, according to sources familiar with the matter.

The Wall Street Journal said further the law firm of Cole Schotz is handling the casino’s Chapter 11 case, sources said.

To read the entire WSJ article, click here.