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The long-simmering spat between billionaires Carl Icahn and Donald Trump over the fate of bankrupt Atlantic City casino operator Trump Entertainment Resorts boiled over yesterday in a Camden, NJ, courtroom, where both sides traded barbs over who is more likely to run the three-casino company into the ground.

Reps for the combatants each yesterday warned US Bankruptcy Court Judge Judith Wizmur against giving the other Atlantic City properties, which include the Trump Taj Mahal, Trump Plaza and Trump Marina.

The fight centers on who has the better plan to guide Trump Entertainment out of bankruptcy.

On one side are Icahn and Texas banker Andy Beal, who says he’s owed around $486 million by Trump Entertainment. On the other side is a group of creditors led by hedge fund Avenue Capital, behind which Trump has thrown his support. Trump has also been promised a 5 percent stake in a newly restructured company.

Whether Trump’s name would remain on the casinos if Icahn owned them was also a point of contention, with the Avenue/Trump lawyers arguing that Icahn would have no right to the Trump name if he gained control of the property.

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