Phyllis F. April 24, 2015 11:40:03
$100 million gap in Atlantic City’s budget because of the closure of 4 casinos last year. Donald Steckroth, who served 14 years with the U.S. Bankruptcy Court in New Jersey as a judge has been appointed by the city to enter into negotiations with certain parties involved in its corporate restructuring. New Jersey, one of […]
Monica E. September 1, 2014 16:35:29
The city of Baltimore is in desperate need of new revenue sources, but will the Horseshoe Casino be the answer? Last week, when the new Horseshoe Casino opened for business, Mayor Stephanie Rawlings-Blake sait the venue “brings the promise of a better Baltimore”. While authorities are putting their hopes into the new gambling house, skeptics […]
Monica E. July 15, 2014 11:50:27
The already complicated case of Detroit’s bankruptcy is becoming more entangled as bond insurer fights to get its money back. Last year, when Detroit filed its bankruptcy case, officials knew what was coming: a long and painful battle with everyone from major banks to unions. But who knew that the city’s most persistent rival would […]
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