A judge in Camden, N.J., has approved a global settlement that puts a halt to remaining litigation in the Trump Entertainment Resorts bankruptcy, months after the company emerged from Chapter 11.
But in signing off on the deal on Tuesday, Chief Bankruptcy Judge Judith Wizmur deferred deciding whether to approve a request for payment of $19.5 million in fees and costs for professional advice to the bondholders, who obtained a controlling interest under the reorganization plan.
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