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The Closing of Taj Mahal Postponed The saga utilizing the Taj Mahal Casino Resort continues. Those that maintain the events and the setbacks the location happens to be experiencing, know that it might close in the middle of November.

The past owner, Donald Trump, demands the elimination of his name from the outside associated with casino nevertheless the Trump Entertainment Resorts authorities are not too pleased about any of it. Meanwhile the billionaire Carl Icahn is attempting his better to save yourself the casino by switching its financial obligation into ownership.

But, the news that is latest in regards to the casino are somehow a bit more optimistic. The casino authorities got a rest from the complicated situation. The closing associated with casino ended up being formally postponed. A couple of days ago, a regional judge decided to allow the supervisors to terminate the union contract between your casino while the employees. a official caution towards the casino owners had been made and, according to it, the casino would shut unless the latest Jersey’s authorities earn some compromises. The union employees had been expected to lose their health care and pension advantages.

The authorities decided that the casino will not be closed at the very least until the end of November however the formal closure is unlikely to be announced until the end of the season.

Final Friday, Kevin Gross, the bankruptcy judge, permitted Trump Entertainment Resorts result in the contract because of the union workers invalid, which will definitely result in the workers discontent and trigger brand new protests. (more…)

The Closing of Taj Mahal Postponed The saga utilizing the Taj Mahal Casino Resort continues. Those that maintain the events and the setbacks the location happens to be experiencing, know that it might close in the middle of November.

The past owner, Donald Trump, demands the elimination of his name from the outside associated with casino nevertheless the Trump Entertainment Resorts authorities are not too pleased about any of it. Meanwhile the billionaire Carl Icahn is attempting his better to save yourself the casino by switching its financial obligation into ownership.

But, the news that is latest in regards to the casino are somehow a bit more optimistic. The casino authorities got a rest from the complicated situation. The closing associated with casino ended up being formally postponed. A couple of days ago, a regional judge decided to allow the supervisors to terminate the union contract between your casino while the employees. a official caution towards the casino owners had been made and, according to it, the casino would shut unless the latest Jersey’s authorities earn some compromises. The union employees had been expected to lose their health care and pension advantages.

The authorities decided that the casino will not be closed at the very least until the end of November however the formal closure is unlikely to be announced until the end of the season.

Final Friday, Kevin Gross, the bankruptcy judge, permitted Trump Entertainment Resorts result in the contract because of the union workers invalid, which will definitely result in the workers discontent and trigger brand new protests. (more…)