Good news, bad news for Trump

March 17, 2009 04:00PM

A bankruptcy court judge upheld Donald Trump’s argument today that the bondholders who sent Trump’s former casino company into bankruptcy court should not have their fees paid by the company. But Trump also got some negative news today — an independent auditor said that there is “substantial doubt,” partly because of the bankruptcy, that Trump Entertainment Resorts can survive. The company owns three casinos in Atlantic City and filed for bankruptcy last month.

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