The Closing of Taj Mahal Postponed The saga because of the Taj Mahal Casino Resort continues. People who match the events as well as the setbacks the venue is experiencing, realize that it might close in the exact middle of November.
The past owner, Donald Trump, demands the removal of his name from the outside for the casino but the Trump Entertainment Resorts authorities are not too pleased about this. Meanwhile the billionaire Carl Icahn is trying their better to save your self the casino by switching its debt into ownership.
Nevertheless, the news that is latest concerning the casino are somehow a little more positive. The casino authorities got a rest from the complicated situation. The closing of the casino was formally postponed. A few days ago, a judge that is local to permit the supervisors to terminate the union agreement between your casino plus the employees. a warning that is official the casino owners ended up being made and, according to it, the casino would close unless the New Jersey’s authorities make some compromises. The union employees were expected to lose their health pension and care benefits.
The authorities decided that the casino won’t be closed at the least until the end of November nevertheless wheres the gold jackpot the official closure is unlikely become established until the end of the year.
Last Friday, Kevin Gross, the bankruptcy judge, permitted Trump Entertainment Resorts make the contract utilizing the union employees invalid, which will undoubtedly result in the workers discontent and result in protests that are new. Continue reading The Closing of Taj Mahal Postponed The saga because of the Taj Mahal Casino Resort continues.