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 MANAGEMENET 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)
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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 MANAGEMENET II, L.P. 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â X	Â	Â
Avenue Special Situations Fund IV LP C/O AVENUE CAPITAL MANAGEMENT II, LP 535 MADISON AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
Avenue Special Situations Fund V LP C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISION AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â
Avenue CDP Global Opportunities Fund LP C/O AVENUE CAPITAL MANAGEMENT II, L.P. 535 MADISION AVENUE, 15TH FLOOR NEW YORK,Â NYÂ 10022	Â X	Â	Â	Â

Signatures

AVENUE SPECIAL SITUATIONS FUND IV, L.P., by: Avenue Capital Partners IV, LLC, its General Partner, by: GL Partners IV, LLC, its Managing Member, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/27/2010
^**Signature of Reporting Person		Date
AVENUE SPECIAL SITUATIONS FUND V, L.P., by: Avenue Capital Partners V, LLC, its General Partner, by: GL Partners V, LLC, its Managing Member, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/27/2010
^**Signature of Reporting Person		Date
AVENUE - CDP GLOBAL OPPORTUNITIES FUNDS, L.P., by: Avenue Global Opportunities Fund GenPar, LLC, its General Partner, by: /s/ Eric Ross, attorney-in-fact for Marc Lasry, Managing Member		07/27/2010
^**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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