Tuesday was the company's deadline to reach a new deal with bondholders to restructure $1.25 billion in debt.ĭonald Trump and his daughter Ivanka resigned from the company's board Friday night, after growing frustrated with bondholders.
Trump Entertainment Resorts Inc., based in Atlantic City, N.J., filed for Chapter 11 protection on Tuesday in the U.S. NEW YORK ' Donald Trump's former casino company has filed for bankruptcy ' for a third time.