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GREEKTOWN CASINO Bankruptcy News, Issue No. 5

BCSI reports on latest events arising in the chapter 11 cases commenced by Greektown Casino and Greektown Holdings LLC.

(EMAILWIRE.COM, June 24, 2008 ) FAIRLESS HILLS, Pa. -- June 24, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 5 of GREEKTOWN CASINO BANKRUPTCY NEWS today. The 14-page newsletter contains stories with these headlines:


[00031] SEC. 341 MEETING OF CREDITORS SCHEDULED FOR JULY 2
[00031] COURT SETS SEPTEMBER 30 AS GENERAL CLAIMS BAR DATE
[00032] DEBTORS' MOTION TO OBTAIN UP TO $150MM IN DIP FINANCING
[00033] DEBTORS' MOTION TO EXTEND TIME TO FILE SCHEDULES
[00034] DEBTORS' MOTION TO ASSUME NRT CORP. CONTRACTS
[00035] DEBTORS' APPLICATION TO HIRE HONIGMAN AS SPECIAL COUNSEL
[00036] DEBTORS' MOTION TO CONTINUE USING CASH MANAGEMENT SYSTEM
[00037] DEBTORS' MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00038] DEBTORS' MOTION TO CONTINUE USING EXISTING BUSINESS FORMS
[00039] DEBTORS' MOTION TO WAIVE SEC. 345 INVESTMENT REQUIREMENTS
[00040] DEBTORS' APPLICATION TO EMPLOY CONWAY AS FIN'L ADVISORS
[00041] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CASES
[00042] DEBTORS' MOTION TO PAY PREPETITION CONSTRUCTION CLAIMS
[00043] DEBTORS' MOTION TO PAY PREPETITION GAMING TAXES & FEES
[00044] DEBTORS' MOTION TO HONOR PREPETITION EMPLOYEE OBLIGATIONS
[00045] DEBTORS' MOTION TO HONOR PREPETITION GAMING OBLIGATIONS
[00046] DEBTORS' MOTION TO DEEM UTILITIES ADEQUATELY ASSURED
[00047] GREEKTOWN TO LAY OFF 89 EMPLOYEES TO SAVE $7.8MM IN COSTS
[00048] MGCB ALLOWS GREEKTOWN TO CONTINUE REORGANIZATION EFFORTS




A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GREEKTOWN|CASINO for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

GREEKTOWN CASINO BANKRUPTCY NEWS tracks the restructuring of Greektown Casino and Greektown Holdings LLC.

How to Subscribe to GREEKTOWN CASINO BANKRUPTCY NEWS

GREEKTOWN CASINO BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving GREEKTOWN CASINO BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GREEKTOWN|CASINO


Contact Information:
Bankruptcy Creditors' Service, Inc
Peter A. Chapman
Tel: (215) 945-7000
Email us
Press Release Keywords:

chapter 11

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