February 4, 2010 / 5:00 PM / in 9 years

CORRECTED - Trump asks court for right to vote on Icahn plan

(Corrects year of bankruptcy filing to 2009)

NEW YORK, Feb 4 (Reuters) - Financier Donald Trump has asked a New Jersey bankruptcy court for the chance to vote on billionaire Carl Icahn’s competing plan to reorganize Trump Entertainment Resorts TRMPQ.PK, according to court documents.

The two businessmen have been lining up for a battle over the Atlantic City property since the court ruled in December that each could submit his own reorganization plans.

Trump asked U.S. bankruptcy Judge Judith Wizmur to approve his request to have his claims allowed in relation to voting on the Icahn plan, according to documents filed on Tuesday. Trump says the claims for license and trademark agreements give him a large enough economic stake in the case to vote.

In a separate move, Wizmur approved Trump’s request to allow the claims in connection with Trump voting on the bondholder plan he is backing, according to court documents filed on Wednesday.

Trump Entertainment filed for Chapter 11 bankruptcy in February 2009. Trump and his daughter Ivanka are backing a plan filed by the casinos’ bondholders that would give him a small stake in the company and keep his name on the casino.

Icahn and Beal Bank, led by poker player Andrew Beal, filed a competing plan for the company earlier this year after Icahn bought a large chunk of the Atlantic City, New Jersey, casino’s debt.

Reporting by Caroline Humer; Editing by Phil Berlowitz

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