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 owner that is previous Donald Trump, demands the removal of their title from the outside associated with the casino but the Trump Entertainment Resorts authorities aren’t too delighted about it. Meanwhile the billionaire Carl Icahn is trying their best to conserve the casino by turning its debt into ownership.
Nonetheless, the latest news in regards to the casino are somehow a little more positive. The casino authorities got a rest from the complicated situation. The closing associated with the casino ended up being officially postponed. A couple of days ago, a regional judge decided allowing the managers to terminate the union contract between your casino while the employees. a formal caution towards the casino owners was made and, based on it, the casino would close unless the newest Jersey’s authorities make some compromises. The union workers were asked to sacrifice their own health pension and care advantages.
The authorities decided that the casino will not be closed at the very least until the end of November nevertheless the closure that is official not likely to be announced before the end of the year.
Last Friday, Kevin Gross, the bankruptcy judge, permitted Trump Entertainment Resorts make the contract using the union employees invalid, which will certainly result in the workers discontent and result in protests that are new. Continue reading “The Closure of Taj Mahal Postponed The saga with all the Taj Mahal Casino Resort continues.”