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UNITED STATES |
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SECURITIES AND EXCHANGE |
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Washington, D.C. 20549 |
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Trump Entertainment Resorts, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
89816T202
(CUSIP Number)
March 8, 2011
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
x |
Rule 13d-1(c) |
o |
Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
CUSIP No. 89816T202 | |||||
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1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
Item 1(a). |
Name of Issuer: |
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Trump Entertainment Resorts, Inc. (Trump). |
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Item 1(b). |
Address of Issuers Principal Executive Offices: |
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15 South Pennsylvania Avenue, Atlantic City, New Jersey 08401 |
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Item 2(a). |
Name of Person Filing |
Item 2(b). |
Address of Principal Business Office |
Item 2(c). |
Citizenship |
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This Schedule 13G is filed on behalf of Kings Road Holdings XIV Ltd., Polygon Management Ltd., Polygon Recovery Fund GP, Polygon Recovery Fund L.P., Polygon Management L.P., Polygon Equities Partners LLP, Polygon Global Partners LP, Mr. Reade E. Griffith and Mr. Patrick G.G. Dear (the Reporting Persons). |
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Kings Road Holdings XIV Ltd. (KRH) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: Cayman Islands, British West Indies |
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Polygon Management Ltd. (the General Partner) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: Cayman Islands, British West Indies |
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Polygon Recovery Fund GP (PRFGP) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: Cayman Islands, British West Indies |
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Polygon Recovery Fund L.P. (PRF) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: Cayman Islands, British West Indies |
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Polygon Management L.P. (the Manager) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: Cayman Islands, British West Indies |
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Polygon Equities Partners LLP (the UK Investment Manager) |
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4 Sloane Terrace |
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London SW1X 9DQ |
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United Kingdom |
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Citizenship: United Kingdom |
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Polygon Global Partners LP (the US Investment Manager) |
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399 Park Ave., 22nd Floor |
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New York, NY 10022 |
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Citizenship: Delaware |
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Reade E. Griffith (Mr. Griffith) |
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4 Sloane Terrace |
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London SW1X 9DQ | |
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United Kingdom | |
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Citizenship: United States | |
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Patrick G. G. Dear (Mr. Dear) | |
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c/o Polygon Investment Partners LLP | |
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4 Sloane Terrace | |
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London SW1X 9DQ | |
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United Kingdom | |
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Item 2(d). |
Title of Class of Securities: | |
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Common stock, par value $0.001 per share, of Trump Entertainment Resorts, Inc. (Common Stock). | |
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Item 2(e). |
Trump Entertainment Resorts, Inc. Common Stock has the following CUSIP number: 89816T202. | |
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Item 3. |
Not Applicable. | |
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Item 4(a). |
Amount Beneficially Owned: | |
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As of March 8, 2011, each Reporting Person may be deemed to be beneficial owner of 1,540,293 shares of Common Stock (the Shares). | |
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Item 4(b). |
Percent of Class: | |
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14.4% | |
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Item 4(c). |
Number of shares as to which Reporting Persons have: | |
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(i) |
Sole power to vote or direct the vote: 0 |
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(ii) |
Shared power to vote or direct the vote: 1,540,293 |
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(iii) |
Sole power to dispose of or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose of or to direct the disposition of: 1,540,293 |
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All of the Shares are directly held by KRH. KRH is a wholly-owned subsidiary of PRF, the general partner of which is PRFGP. PRFGP, the Manager, the UK Investment Manager, the US Investment Manager, and the General Partner have voting and dispository control over securities owned by KRH and PRF. Messrs. Griffith and Dear control the General Partner, the US Investment Manager, the UK Investment Manager, the Manager and PRFGP. | |
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Item 5. |
Ownership of Five Percent or Less of a Class | |
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following | |
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Item 6. |
Ownership of More than Five Percent on Behalf of another Person | |
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Not Applicable. | |
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Item 7. |
Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. | |
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Not Applicable. | |
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Item 8. |
Identification and Classification of Members of the Group. | |
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See Exhibit 1. | |
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Item 9. |
Notice of Dissolution of the Group. | |
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Not Applicable. |
Item 10. |
Certification. |
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By signing below each of the undersigned certifies that, to the best of such persons knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct.
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Date: March 10, 2011 |
KINGS ROAD HOLDINGS XIV LTD. | |
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By: Polygon Equities Partners LLP, its investment manager | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Principal |
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Date: March 10, 2011 |
POLYGON MANAGEMENT LTD. | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Director |
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Date: March 10, 2011 |
POLYGON RECOVERY FUND GP | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Director |
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Date: March 10, 2011 |
POLYGON RECOVERY FUND L.P. | |
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By Polygon Recovery Fund GP, its general partner | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Director |
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Date:March 10, 2011 |
POLYGON MANAGEMENT L.P. | |
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By Polygon Management Ltd., its general partner | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Director |
Date: March 10, 2011 |
POLYGON EQUITIES PARTNERS LLP | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Principal |
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Date: March 10, 2011 |
POLYGON GLOBAL PARTNERS LP | |
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By: Polygon Management Ltd., its general partner | |
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By |
/s/ Reade E. Griffith |
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Name: Reade E. Griffith |
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Title: Director |
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Date: March 10, 2011 |
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/s/ Reade E. Griffith |
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Reade E. Griffith |
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Date: March 10, 2011 |
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/s/ Patrick G. G. Dear |
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Patrick G. G. Dear |
Exhibit Index
Exhibit 1 Identification of Members of the Group.
Exhibit 2 Joint Filing Agreement, dated as of March 10, 2011, by and among Kings Road Holdings XIV Ltd., Polygon Management Ltd., Polygon Recovery Fund GP, Polygon Recovery Fund L.P., Polygon Management L.P., Polygon Equities Partners LLP, Polygon Global Partners LP, Mr. Reade E. Griffith and Mr. Patrick G.G. Dear.