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New Jersey governor to hire emergency manager for Atlantic City

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New Jersey governor to hire emergency manager for Atlantic City

(Reuters) – New Jersey Governor Chris Christie will install an emergency manager in Atlantic City to assume control of the struggling gambling hub, the Wall Street Journal reported on Thursday.

The Journal, citing an unnamed senior administration official, reported that Christie is expected to announce hiring corporate restructuring attorney Kevin Lavin to handle the city’s strained finances and daily operations on Thursday.

The Journal also said Christie would bring in Kevyn Orr, the restructuring lawyer who led Detroit through itsbankruptcy as the city’s emergency manager, as a part-time consultant to the recovery effort. (Reuters

https://www.reuters.com/article/2015/01/22/us-usa-atlantic-city-emergency-idUSKBN0KV0J820150122

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