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Judge Delays Trump Decision

NEW JERSEY– As reported by Reuters: "A federal judge has delayed for a week a decision on proposed bankruptcy financing for Trump Hotels & Casino Resorts Inc. (OTC BB:DJTCQ.OB) so that shareholders can review the company's finances.

"A New Jersey bankruptcy court hearing will now be held Jan. 11 to review the casino operator's $100 million reorganization financing, according to a court filing. The judge earlier this month cleared the financing package, but held off on final approval pending comment from shareholders.

"…A committee of shareholders, formed by the U.S. Trustee last week, argued that it had not been given any financial projections, budgets or cash flow analysis. In addition, shareholders said they need to talk to a witness who will testify in support of the post-bankruptcy financing…"

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