Parties In Revel Dispute Are Back At The Negotiating Table (update)

Judge Burns postpones today's hearing

The Atlantic City bankruptcy court hearing scheduled for today (Monday) on the sale of the Revel complex has been postponed indefinitely.
The Associated Press news agency reports that Judge Gloria Burns agreed to the postponement after an approach from the interested parties requesting only a brief hearing regarding professional fees.
The main, and now postponed, hearing had been set to hear arguments pleading with the judge to reconsider her decision Friday not to approve the $82 million sale of Revel to Florida developer Glenn Straub.
Judge Burns was also due to hear representations from the Revel power supplier to be allowed to cut off power to the building on grounds of non-payment, and for the appointment of a bankruptcy trustee to liquidate the property (see previous InfoPowa reports).

Online Casino News Courtesy of Infopowa

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Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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