Revel AC court may close Chapter 11 case if company fails to object

By Caroline Salls

Pittsburgh, Dec. 1 – Revel AC, Inc.’s Chapter 11 bankruptcy case could be closed on Jan. 4 if the company does not file a formal objection to the closure, according to a notice filed Tuesday by the U.S. Bankruptcy Court for the District of New Jersey.

The court said Revel’s Chapter 11 plan was confirmed more than five months ago.

The company must file any objection at least seven days before the Jan. 4 hearing on the closure.

According to the notice, individual debtors will not be discharged until a certification of completion of instructional course concerning financial management and a certification of completion of plan payments is filed.

Revel, an Atlantic City, N.J.-based gaming and entertainment company, filed for bankruptcy on June 19, 2014. The Chapter 11 case number is 14-22654.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.