The Daily Docket: Trump-Branded Atlantic City Resorts File for Bankr...

The Atlantic City Boardwalk casinos that bear the name of mogul Donald Trump returned to bankruptcy again Tuesday, in a filing that could mark the last effort to save the beaten-up casinos. 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 our homepage, scroll to the bottom and click “try for free.”)

First BanCorp Puerto Rico wants a quick win in a fight with Lehman Brothers Inc., arguing its $63.5 million claim relating to an old swap agreement should be paid in full as a “customer” claim against the Lehman brokerage. Read the DBR article in WSJ.

Food distributor Associated Wholesalers Inc. filed for bankruptcy to sell its assets, Bloomberg reports.

A golf course in Puerto Rico that uses celebrity developer Donald Trump’s name has defaulted on its borrowing agreement with municipal bondholders who extended more than $20 million to build the 36-hole luxury course, DBR reports via WSJ.

Detroit’s bankruptcy law firm has so far charged the city $26 million, Reuters reports.

Delphi Automotive’s chief executive plans to retire next March, WSJ reports.

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