The Closure of Taj Mahal Postponed The saga with 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 previous owner, Donald Trump, demands the elimination of his name from the outside of this casino however the Trump Entertainment Resorts authorities are not too delighted about this. Meanwhile the billionaire Carl Icahn is wanting his best to save your self the casino by switching its financial obligation into ownership.
But, the news that is latest about the casino are somehow a little more positive. The casino authorities got a relief from the complicated situation. The closing associated with the casino had been officially postponed. Several days ago, a local judge decided to allow the supervisors to terminate the union contract between the casino therefore the employees. a official warning towards the casino owners ended up being made and, in accordance with it, the casino would shut unless the latest Jersey’s authorities make some compromises. The union employees had been expected to lose their health pension and care benefits.
The authorities decided that the casino will not be closed at the very least before the end of November however the closure that is official improbable to be established before the end of the year.
Last Friday, Kevin Gross, the bankruptcy judge, allowed Trump Entertainment Resorts make the contract using the union employees invalid, which will certainly result in the workers discontent and result in brand new protests. Continue reading «The Closure of Taj Mahal Postponed The saga with the Taj Mahal Casino Resort continues.»