Atlantic Club reports $16.8M in liabilities before auction - Press of Atlantic City: Breaking News

Atlantic Club reports $16.8M in liabilities before auction

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Posted: Saturday, December 7, 2013 10:35 pm

Atlantic Club Casino Hotel is carrying assets of $17.8 million against liabilities of at least $16.8 million as it moves toward an auction later this month, documents filed this week show. Liabilities at the Atlantic City property, formerly the Atlantic City Hilton Casino Resort, are likely more significant when an employee pension plan is factored into financial equations.

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