The Closing of Taj Mahal Postponed The saga with all the Taj Mahal Casino Resort continues. Those who keep up with the activities and also the setbacks the venue is currently experiencing, realize that it might close in the middle of November.
The previous owner, Donald Trump, demands the elimination of their title through the exterior associated with the casino however the Trump Entertainment Resorts authorities aren’t too delighted about this. Meanwhile the billionaire Carl Icahn is trying his best to conserve the casino by turning its financial obligation into ownership.
But, the news that is latest in regards to the casino are somehow a bit more optimistic. The casino authorities got a relief from the complicated situation. The closure of the casino had been officially postponed. A couple of days ago, a judge that is local to allow the supervisors to end the union agreement between your casino and the employees. a warning that is official the casino owners ended up being made and, based on it, the casino would close unless the latest Jersey’s authorities earn some compromises. The union workers had been expected to sacrifice their health care and retirement benefits.
The authorities decided that the casino won’t be closed at the very least until the end of November however the closure that is official unlikely become established before the end of the season.
Last Friday, Kevin Gross, the bankruptcy judge, allowed Trump Entertainment Resorts make the contract utilizing the union workers invalid, which will certainly make the employees discontent and trigger protests that are new. More