Trump Entertainment Resorts, Donald Trump’s casino group, is expected to file Tuesday for bankruptcy, reports the WSJ. The company’s board authorised the filing late Monday night after deciding that the company would otherwise be forced into bankruptcy involuntarily by creditors. It would be Trump Entertainment’s third appearance in bankruptcy court, after most recently emerging from bankruptcy proceedings in 2005.

This entry was posted by Gwen Robinson on Tuesday, February 17th, 2009 at 5:05 and is filed under Capital markets, People. Tagged with Trump Entertainment. Edit this entry.