Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
Kings Road Holdings XIV Ltd.
  2. Issuer Name and Ticker or Trading Symbol
TRUMP ENTERTAINMENT RESORTS, INC. [TRMPQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O POLYGON GLOBAL PARTNERS LLP, 4 SLOANE TERRACE
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2011
(Street)

LONDON, X0 SW 1X9DQ
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/15/2011   S   794,519 A $ 5.25 2,525,432 D (1)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Kings Road Holdings XIV Ltd.
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Management Ltd.
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Recovery Fund GP
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Recovery Fund L.P.
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Management L.P.
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Equities Partners LLP
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Polygon Global Partners LP
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Reade E. Griffith
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    
Patrick G. G. Dear
C/O POLYGON GLOBAL PARTNERS LLP
4 SLOANE TERRACE
LONDON, X0 SW 1X9DQ
    X    

Signatures

 KINGS ROAD HOLDINGS XIV LTD. By: Polygon Global Partners LLP, its investment manager; By: /s/ Reade E. Griffith, Principal   06/17/2011
**Signature of Reporting Person Date

 POLYGON MANAGEMENT LTD. By: /s/ Reade E. Griffith, Director   06/17/2011
**Signature of Reporting Person Date

 POLYGON RECOVERY FUND GP By: /s/ Reade E. Griffith, Director   06/17/2011
**Signature of Reporting Person Date

 POLYGON RECOVERY FUND L.P. By: Polygon Recovery Fund GP, its general partner; By: /s/ Reade E. Griffith, Director   06/17/2011
**Signature of Reporting Person Date

 POLYGON MANAGEMENT L.P. By: Polygon Management Ltd., its general partner By: /s/ Reade E. Griffith, Director   06/17/2011
**Signature of Reporting Person Date

 POLYGON GLOBAL PARTNERS LLP (F/K/A POLYGON EQUITIES PARTNERS LLP) By: /s/ Reade E. Griffith, Principal   06/17/2011
**Signature of Reporting Person Date

 POLYGON GLOBAL PARTNERS LP By: Polygon Management Ltd., its general partner By: /s/ Reade E. Griffith, Director   06/17/2011
**Signature of Reporting Person Date

 /s/ Reade E. Griffith   06/17/2011
**Signature of Reporting Person Date

 /s/ Patrick G. G. Dear   06/17/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) This Form 4 is filed on behalf of Kings Road Holdings XIV Ltd., Polygon Management Ltd., Polygon Recovery Fund GP, Polygon Recovery Fund L.P., Polygon Management L.P., Polygon Global Partners LLP (f/k/a Polygon Equities Partners LLP), Polygon Global Partners LP, Reade E. Griffith and Patrick G.G. Dear. The shares are held directly by Kings Road Holdings XIV Ltd.
 
Remarks:
This Form 4 is filed on behalf of Kings Road Holdings XIV Ltd., Polygon Management Ltd., Polygon Recovery Fund GP, Polygon Recovery Fund L.P., Polygon Management L.P., Polygon Global Partners LLP (f/k/a Polygon Equities Partners LLP), Polygon Global Partners LP, Reade E. Griffith and Patrick G.G. Dear.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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