The Closure of Taj Mahal Postponed The saga with all the Taj Mahal Casino Resort continues. November those who keep up with the events and the setbacks the venue is currently experiencing, know that it may close in the middle of.
The past owner, Donald Trump, demands the elimination of their name through the outside of the casino but the Trump Entertainment Resorts authorities aren’t too delighted about this. Meanwhile the billionaire Carl Icahn is trying their better to save the casino by turning its debt into ownership.
However, the news that is latest concerning the casino are somehow a little more positive. The casino authorities got a relief from the situation that is complicated. The closure of this casino had been officially postponed. A couple of days ago, a regional judge decided allowing the managers to terminate the union agreement involving the casino plus the workers. a warning that is official the casino owners was made and, based on it, the casino would shut unless the brand new Jersey’s authorities earn some compromises. The union employees were expected to lose their own health pension and care benefits.
The authorities decided that the casino will not be closed at the least before the end of November however the closure that is official improbable to be announced before the end of the year.
Final Friday, Kevin Gross, the bankruptcy judge, permitted Trump Entertainment Resorts result in the contract using the union workers invalid, which will certainly make the employees discontent and lead to brand new protests.