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Many Maryland readers have taken the short road trip to Atlantic City. For decades, the area was one of the few places where legal gambling was available, and the casinos along the boardwalk drew many thousands of visitors each year. Now, Trump Casinos joins other businesses in Chapter 11 as the gambling market expands and the company’s customer base finds alternative venues in which to place their bets. In the recent filing, Trump Casinos has asked the court to approve a number of motions that

When a business runs into challenging financial situations, it has several options available. One option is to file bankruptcy, although there are several types of bankruptcies to choose from. If a company wishes to remain in business, the company may want to consider a Chapter 11 bankruptcy. This is what one company recently did and is now working with an investment banking firm in Maryland to help with its reorganization. The company, Prime Choice Foods, is working the with investment firm in order to find

The government shutdown in October did more than just put a lot of federal and military personnel in a tight financial spot — it also affected many businesses and organizations, may they be federally-run or privately-operated. For one private business, Global Aviation Holdings, the shutdown seems to have caused their second bankruptcy of the year. Global Aviation is a military air-charter service. The company is the largest provider of such services to the U.S. military. But with the shutdown in effect, the company’s service was