Trump Hotels and Casino Resorts Chapter 11
· D.N.J.Closed· $1,800,000,000
Trump Hotels and Casino Resorts Inc. filed for Chapter 11 protection on November 21, 2004 with about $1.8 billion in debt. The reorganization included a $400 million bailout from DLJ Merchant Banking and reduced Trump's ownership stake from a range of 47-56% down to 27%. The company emerged as Trump Entertainment Resorts, which would itself file Chapter 11 in 2009.
Measurable outcome
Trump's equity stake was cut from 47-56% to 27% under a Chapter 11 plan with a $400 million DLJ bailout.
Extended narrative pending citation expansion. Summary, outcome, and source list above are verified against the source inventory.
Sources
- Associated Press, November 22, 2004
- Los Angeles Times, August 11, 2004
Cite this page
donaldjtrumpisaloser.com. “Trump Hotels and Casino Resorts Chapter 11.” Last updated 2026-04-29. https://donaldjtrumpisaloser.com/cases/trump-hotels-casino-resorts-bankruptcy-2004/
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