N

S

CN

CB

C

R

V

NL

W

A

Learn more about our network of counsels.
Learn more about Jones & Associates.
Here are the latest case news.
Here are the clawback news.
Firm’s representation is past cases.
Watch our latest videos.
See all our references.
Learn more about Jones & Associates.
Learn more about Jones & Associates.

Trump Entertainment Resorts, Inc. Launches Clawback Campaign

Delaware, September 6, 2016 – Nathan A. Schultz, as a trustee for the bankruptcy estate of Trump Entertainment Resorts, Inc.(Debtor) commenced adversary proceedings against several defendants by filing more than 90 complaints in the Debtor’s avoidance action cases. The complaints were filed last month in the Delaware bankruptcy court and sought to recover more than $14 million in payments made shortly before the Atlantic City casino operator filed for bankruptcy. The Debtors owned and operated two casino hotels located in Atlantic City, New Jersey – the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel. The trustee alleged that the assets held by the defendants belong to the Debtor and that the payments received by various defendants are avoidable and subject to recovery under §§547, 548, 549 and 550 of the Bankruptcy Code. The trustee is represented by the law firms ASK LLC and Gibbons, P.C. The case number is 14-12103 (KG).


STAFF

CLAWBACK NEWS