Trump gets edge in battle over casino control

Thursday, February 18, 2010
Donald Trump

Donald Trump arrives for a taping of "The Late Show with David Letterman" in New York, Tuesday, August 18, 2009. (AP Photo/Charles Sykes)

A judge has given Donald Trump a boost in his legal battle with Carl Icahn over control of the three Atlantic City casinos that bear Trump's name.

U.S. Bankruptcy Court Judge Judith Wizmur ruled on Wednesday that Trump and his daughter Ivanka can vote on Icahn's buyout plan for properties owned by Trump Entertainment Resorts Inc.

The judge said the Trumps are major creditors. They have filed more than $100 million in claims for the use of their name and images by the casinos.

The judge has scheduled a hearing for Tuesday in the larger case of who should be able to buy the casinos.

Icahn and Texas Banker Andy Beal are competing with Trump and a group of bondholders.


Information from: The Press of Atlantic City, http://www.pressofatlanticcity.com

(Copyright ©2014 by The Associated Press. All Rights Reserved.)

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