The Daily Docket: Judge Denies Request for Revel Sale Deadline Exten...

02/12/15
Paula Manago, of Cliffside Park, N.J., gathers shells along the ocean near the Revel Hotel Casino early Tuesday, Sept. 2, 2014, in Atlantic City, N.J.
Associated Press

A New Jersey bankruptcy judge overseeing Atlantic City’s Revel Casino Hotel dismissed a request from Florida developer Glenn Straub to extend the deadline by which he must close a $95.4 million deal to buy the closed resort. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

Atlantic City, N.J.’s embattled Trump Taj Mahal casino has agreed to a settlement of federal findings that it violated anti-money-laundering requirements, DBR reports in WSJ.

Laid-off employees of RadioShack Corp. are now in line with other creditors for their severance pay, the Dallas Morning News reports.

General Motors Co. confirmed it will build a long-range electric car, WSJ reports.

According to Reuters, San Bernardino, Calif., lawyers on Wednesday clashed with bondholders in bankruptcy court.

(And don’t forget to check out our blog post on James L. Garrity Jr., who is returning to the bankruptcy bench after more than 15 years.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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