Written by :
Associated Press
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ATLANTIC CITY, N.J. – (Associated Press) - Hearings on the tumultuous Revel casino sale have been postponed.
A bankruptcy court judge was to hear a series of contentious motions on Monday, after she refused on Friday to approve the sale of the shuttered casino to a Florida developer for $82 million.
Revel's owners were expected to ask the judge to reconsider. She also was to hear requests from its power plant to allow it to cut off service to the building due to unpaid bills, and to appoint a trustee to liquidate the property.
But over the weekend, the sides agreed to postpone all but a small hearing on professional fees.
No hearing date has yet been set for the most contentious hearings.
