Lawyers representing Atlantic City, N.J.'s Revel Casino Hotel will meet with a handful of its creditors today to try to salvage a deal to sell the shuttered boardwalk resort to a Canadian private-equity firm, the Dow Jones Daily Bankruptcy Review reported today. The lawyers announced the meeting at the conclusion of a bankruptcy court hearing held on Friday morning after the private-equity firm, Brookfield Capital Partners LP, threatened to back out of a $110 million deal to buy the property. The deal hangs on the outcome of negotiations with bondholders who financed the construction of Revels' custom-built power plant.
