Edgar Filing: LASRY MARC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â LASRY MARC

2. Date of Event Requiring Statement (Month/Day/Year)
07/16/2010

3. Issuer Name and Ticker or Trading Symbol
TRUMP ENTERTAINMENT RESORTS, INC. [TRMPQ.PK]

(Last)

(First)

(Middle)

C/O AVENUE CAPITAL MANAGEMENT II, L.P.,Â 535 MADISON AVENUE, 15TH FLOOR

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)
07/26/2010

(Street)

NEW YORK,Â NYÂ 10022

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	365,557	I	See ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁴⁾ ⁽⁹⁾ ⁽¹¹⁾
Common Stock	1,463,348	I	See ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁵⁾ ⁽⁹⁾ ⁽¹¹⁾
Common Stock	335,366	I	See ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁶⁾ ⁽⁹⁾ ⁽¹¹⁾
Common Stock	100,243	I	See ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁷⁾ ⁽⁹⁾ ⁽¹¹⁾
Common Stock	65,118	I	See ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁸⁾ ⁽⁹⁾ ⁽¹¹⁾
Common Stock	0	D ⁽¹⁾ ⁽²⁾ ⁽³⁾ ⁽⁹⁾ ⁽¹⁰⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LASRY MARC C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â X	Â	Â
Avenue NJ Entertainment Holdings, LLC C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	Â
Avenue Capital Management II, L.P. C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
Avenue Investments, L.P. C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10024	Â X	Â	Â	Â
Avenue International Master, L.P. C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15 FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
Avenue Capital Partners V, LLC C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
GL Partners V, LLC C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
Gardner Sonia C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	Â
Avenue NJ Entertainment, LLC C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	Â
Avenue Capital Management II GenPar, LLC C/O AVENUE CAPITAL MANAGEMENT II, LP 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â

Signatures

By: AVENUE NJ ENTERTAINMENT, LLC, by: Avenue NJ Holdings, LLC, its Sole Member, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE NJ ENTERTAINMENT HOLDINGS, LLC, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE INVESTMENTS, L.P., by: Avenue Partners, LLC, its General Partner, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE INTERNATIONAL MASTER, L.P., by Avenue International Master GenPar, Ltd., its General Partner, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE CAPITAL PARTNERS V, LLC, by: GL Partners V, LLC, its Managing Member, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
GL PARTNERS V, LLC, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE CAPITAL MANAGEMENT II, L.P., by: Avenue Capital Management II GenPar, LLC, its General Partner, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
AVENUE CAPITAL MANAGEMENT II GENPAR, LLC, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/26/2010
^**Signature of Reporting Person		Date
/s/ Eric Ross, attorney-in-fact for Marc Lasry		07/26/2010
^**Signature of Reporting Person		Date
/s/ Eric Ross, attorney-in-fact for Sonia Gardner		07/26/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See attached Exhibit 99.1, Footnote (1)
(2)	See attached Exhibit 99.1, Footnote (2)
(3)	See attached Exhibit 99.1, Footnote (3)
(4)	See attached Exhibit 99.1, Footnote (4)
(5)	See attached Exhibit 99.1, Footnote (5)
(6)	See attached Exhibit 99.1, Footnote (6)
(7)	See attached Exhibit 99.1, Footnote (7)
(8)	See attached Exhibit 99.1, Footnote (8)
(9)	See attached Exhibit 99.1, Footnote (9)
(10)	See attached Exhibit 99.1, Footnote (10)
(11)	See attached Exhibit 99.1, Footnote (11)

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