Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Polygon Management Ltd.
2. Date of Event Requiring Statement (Month/Day/Year)
03/08/2011
3. Issuer Name and Ticker or Trading Symbol
TRUMP ENTERTAINMENT RESORTS, INC. [TRMPQ]
(Last)
(First)
(Middle)
C/O POLYGON EQUITIES PARTNERS LLP, 4 SLOANE TERRACE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LONDON SW1X 9DQ, X0 
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,540,293
I
See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Polygon Management Ltd.
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    
Polygon Recovery Fund GP
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    
Polygon Recovery Fund L.P.
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    
Polygon Management L.P.
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    
Polygon Equities Partners LLP
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    
Polygon Global Partners LP
C/O POLYGON EQUITIES PARTNERS LLP
4 SLOANE TERRACE
LONDON SW1X 9DQ, X0 
    X    

Signatures

POLYGON MANAGEMENT LTD. By: /s/ Reade E. Griffith, Director 03/10/2011
**Signature of Reporting Person Date

POLYGON RECOVERY FUND GP By: /s/ Reade E. Griffith, Director 03/10/2011
**Signature of Reporting Person Date

POLYGON RECOVERY FUND L.P. By: Polygon Recovery Fund GP, its general partner; By: /s/ Reade E. Griffith, Director 03/10/2011
**Signature of Reporting Person Date

POLYGON MANAGEMENT L.P. By: Polygon Management Ltd., its general partner By: /s/ Reade E. Griffith, Director 03/10/2011
**Signature of Reporting Person Date

POLYGON EQUITIES PARTNERS LLP By: /s/ Reade E. Griffith, Principal 03/10/2011
**Signature of Reporting Person Date

POLYGON GLOBAL PARTNERS LP By: Polygon Management Ltd., its general partner By: /s/ Reade E. Griffith, Director 03/10/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 3 is filed on behalf of Polygon Management Ltd., Polygon Recovery Fund GP, Polygon Recovery Fund L.P., Polygon Management L.P., Polygon Equity Partners LLP and Polygon Global Partners LP. The shares are held directly by Kings Road Holdings XIV Ltd.

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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