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Scarinci Hollenbeck Cannabis Attorney Daniel T. McKillop to Appear as Co-Keynote Speaker at New Jersey Environmental Health Association’s Annual Conference On the morning of Monday, March 2, 2020, Scarinci Hollenbeck Cannabis Attorney Daniel T. McKillop will appear as a co-keynote speaker at the New Jersey Environmental Health Association’s (NJEHA) annual conference in Atlantic City, NJ. […]

Gary Young will discuss New DOL Exemption at Asian American Hotel Owners Association Annual Conference in Atlantic City, October 25, 2016 WHEN:Tuesday, October 25, 201610:30 A.M. – 6:00 P.M. WHERE:Claridge Hotel Park Placeand The BoardwalkAtlantic City, NJ Lyndhurst, N.J – October 10, 2016 – Eminent employment law attorney and Scarinci Hollenbeck partner Gary S. Young […]

Last week, the U.S. Bankruptcy Court in Trenton, N.J. approved the casino liquidation plan for Revel AC Inc. in Atlantic City. The ruling resolves Revel’s long Chapter 11 case with a proposal that permits the casino to repay $45 million in debt for roughly $5 million. Revel’s long Chapter 11 case The long Chapter 11 […]

A federal judge recently granted a request made by Caesars Entertainment Operating Co. to continue its “exclusivity” period – that is, the time when only the debtor may file a proposed restructuring plan. At an April 29 hearing in Chicago, U.S. Bankruptcy Judge Benjamin Goldgar ruled in Caesar’s favor and extended exclusivity until May 27, Reuters reported. Extension […]

The new owner of Atlantic City’s Revel Hotel and Casino has been granted control of property tenant rights, a federal judge ruled on April 20. These tenants had appealed the court’s decision to allow the sale of Revel to Florida developer Glenn Straub, asserting that the transaction would deny tenant property rights. Rights of new Revel […]

On March 23, a U.S. trustee requested that a judge approve a former Watergate prosecutor to serve as an examiner for Caesar’s Bankruptcy proceedings. This operating unit of Caesars Entertainment Corp. filed for Chapter 11 bankruptcy protection earlier this year, but only after participating in several transactions that drew substantial scrutiny, according to Reuters. Need […]

U.S. Bankruptcy Judge Gloria Burns recently refused to grant a request to sell Revel Casino made by advisors for the Atlantic City-based Casino  and Hotel to Florida developer Glenn Straub for $82 million. Instead, she said the parties involved need more time to see if they can get a better deal to sell Revel Casino. […]

A bankruptcy judge on Dec. 12 voided the proposed sale of the Revel Casino Hotel to a Canadian firm that backed out of the deal. As requested by Revel Entertainment, Bankruptcy Judge Gloria Burns canceled the sale of the casino to Toronto-based Brookfield Asset Management for $110 million, according to The Associated Press. The company […]

The Trump Taj Mahal may be able to keep its doors open after all. In a surprising move, Judge Kevin Gross granted Trump Entertainment Resorts’ request to terminate its contract with Local 54 of the Unite-HERE union, giving Trump a chance to avoid closing its struggling Atlantic City casino, according to The Associated Press. The […]

New Jersey’s Atlantic City, once a thriving haven for gamblers and casinos, appears to be continuing its downward trend. The Trump Taj Mahal, a 2,248-room, 24-year-old hotel-casino situated on Atlantic City’s boardwalk, may file for protection under Chapter 11 of the bankruptcy law in the next few days, according to the New York Post. The casino […]

Weeks following a court decision that blocks legal sports betting in New Jersey, the state has chosen to offer daily fantasy sports betting in Atlantic City casinos as an alternative. The state Division of Gaming Enforcement announced that the pilot program will begin April 22, and casinos will be permitted to offer fantasy sports tournaments […]