Revel AC Inc., an Atlantic City, N.J., casino owner trying to exit bankruptcy next month, asked a judge to disband an official committee of unsecured creditors, calling its potential oversight unnecessary, Bloomberg News reported yesterday. The committee, known as the OCUC, should be disbanded because it has only one member left after two others resigned, Revel said in court papers filed yesterday. The company also said that it expects a court to confirm its reorganization plan in about three weeks. Also today, Bankruptcy Judge Judith H. Wizmur gave the company final approval for its plan to borrow as much as $250 million to help finance the bankruptcy case. About $42 million of the loan will involve new money Revel can use, while $208 million is existing debt.
