The Closure of Taj Mahal Postponed The saga because of the Taj Mahal Casino Resort continues. Those who keep up with the activities therefore the setbacks the venue is experiencing, know that it might close in the exact middle of November.
The owner that is previous Donald Trump, demands the elimination of their title through the outside associated with the casino nevertheless the Trump Entertainment Resorts authorities are not too delighted about this. Meanwhile the billionaire Carl Icahn is attempting his best to save yourself the casino by turning its financial obligation into ownership.
Nonetheless, the news that is latest about the casino are somehow a bit more positive. The casino authorities got a relief from the complicated situation. The closure for the casino had been officially postponed. Several days ago, a regional judge decided to allow the managers to terminate the union agreement between the casino while the workers. a formal warning towards the casino owners ended up being made and, based on it, the casino would shut unless the latest Jersey’s authorities make some compromises. The union employees had been asked to lose their own health care and retirement benefits.
The authorities decided that the casino will not be closed at the least before the end of November nevertheless the official closure is not likely to be announced until the end of the year.
Last Friday, Kevin Gross, the bankruptcy judge, allowed Trump Entertainment Resorts make the contract using the union workers 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 because of the Taj Mahal Casino Resort continues.”