Like a gambler on a losing streak, Trump Entertainment Resorts is no stranger in bankruptcy court — the company entered Chapter 11 for a third time this past February.
Now Donald Trump and a team of lawyers led by Weil, Gotshal & Manges face a fight from a bondholder group represented by Stroock & Stroock & Lavan that’s opposing The Donald’s rescue of his Atlantic City gaming empire. (Hourly billing rates for lawyers in this story appear parenthetically, when available.)
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