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Entries tagged "Tropicana"Icahn to rule Atlantic City once moreCarl Icahn appears poised to return to Atlantic City with bankrupt Adamar of New Jersey Inc., heading to court to seek approval of a deal to sell its assets to the dealmaker's group. Bankrupt Tropicana may wish it was in Tribune's positionBoth Tribune Co. and Tropicana Entertainment LLC are in bankruptcy, but casino operator Tropicana likely wishes it was in the position the Chicago-based newspaper publisher and television broadcaster is. ... When casinos gamble ... and lose?It's safe to say that the state of the casino industry has changed substantially in the past year or two. ... Is Stein gambling with Tropicana AC's value?Tropicana Entertainment LLC's bankruptcy saga has been full of twists and turns, but the events taking place outside the scope of its Chapter 11 case have now grabbed the spotlight. ... Going out on a limb with retail bankruptciesThis just in: The much-discussed inevitable "uptick" in bankruptcy filings is just around the corner! Current Goldman, Sachs & Co. banker and once Kirkland & Ellis LLP partner, James Sprayregen, has broken the big news. Or at least his public relations people have. Thanks, Jamie.... Bankruptcy Update: Lehman, IBC, Tropicana and moreHere are some of the latest bankruptcy stories our reporters have been covering Thursday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. ... Lehman ends the search for this era's signature bankruptcyAt least one question has been answered by Monday's Chapter 11 filing of Lehman Brothers Holdings Inc.... Casino bankruptcies making gaming sector a real gambleSo much for that notion that gaming companies are recession-proof. We've seen particular gaming locales (see Atlantic City, N.J.) and particular owners (see Donald Trump) have bankruptcy issues, but not the industry as a whole. If 2008 has taught us one thing, however, it's that a struggling economy can reach every sector. ... Bankruptcy Update: Tropicana, Bombay, Progressive and moreHere are some of the latest bankruptcy stories our reporters have been covering Monday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. ... In bankruptcy reporting, stating the obvious prevailsIn case you missed it, bankruptcy and distressed investing are a hot topic for business media these days. By now it's axiomatic that tight credit markets, reduced consumer spending and higher raw material costs are hitting a variety of businesses in some combination -- retail, auto parts, casual dining, transportation, anything and everything involving oil. With lenders tightening the purse strings, companies that previously had been able to refinance their way out of difficulties in the past few years are instead missing financial covenants on their credit facilities, negotiating with their lenders, defaulting on their debt and -- if all... Tropicana case hinges on a Yung presenceWith all due respect to The Clash, the crux of Tropicana Entertainment LLC's bankruptcy looks like it will come down to one thing: Should William Yung stay or should he go? ... Bankruptcy Update: Ziff, Solar Cosmetic, Tropicana, Hilex PolyHere are some of the latest bankruptcy stories our reporters have been covering Thursday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Ziff disclosure statement OK'd Bankrupt Ziff Davis Holdings Inc. will seek confirmation of its prenegotiated Chapter 11 plan on June 17 after a Manhattan judge approved the company's disclosure statement. - John Blakeley Solar Cosmetic seeks DIP Private equity-backed Solar Cosmetic Labs Inc. hopes to win approval to use $2.1 million in postpetition funding from lender KeyBank NA Thursday. The maker of Walt Disney Co. licensed skincare products... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Tropicana." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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