New York - The casino companies owned by flamboyant US businessman Donald Trump filed for bankruptcy protection Tuesday in another indication of how the economic slump is picking off some of the most famous names in the business world.
Trump Entertainment Resorts Inc filed for Chapter 11 protection in the US Bankruptcy Court in New Jersey after failing to reach a new deal with bond holders to restructure
1.25 billion dollars in debt. The company said it had 1.74 billion dollars in debt and 2.06 billion dollars in assets, according to a court filing.
London, Nov. 4 : American billionaire Donald Trump’s contentious plans to transform a wild and windswept stretch of the Aberdeenshire coastline into an exclusive one billion pound golf resort have been approved by the Scottish government, but left wildlife groups fuming with anger.
Environmentalists have condemned the Scotland National Party (SNP) administration for its “wanton vandalism” of an unspoilt natural habitat.
London, Nov 4 : New York-based billionaire businessman Donald Trump’s contentious plans to transform a wild and windswept stretch of the Aberdeenshire coastline into an exclusive 1 billion pound golf resort have been approved by the Scottish Government.
Trump said he was “deeply honoured” by the decision, which follows a local planning inquiry.
Soon after Trump submitted his plans for a golf resort, he made clear that he expected officialdom’s approval. With characteristic bluntness, the property billionaire told an interviewer: “I’m going to get it.”