Judge Ups Price on Debbie Reynolds Hotel

A federal bankruptcy judge threw a half nelson on the World Wrestling Federation, raising the price for a hotel the WWF had agreed to buy from movie star Debbie Reynolds. U.S. Bankruptcy Court Judge Robert Clive Jones reopened bidding on the bankrupt resort, saying he was required by law to get the most money possible for the property. The WWF’s parent, Stamford, Conn.-based Titan Sports Inc., thought it had bought the hotel-casino at bankruptcy auction Wednesday for $9 million. On Thursday, Titan told Jones they had settled with some creditors and their actual purchase price would be closer to $10.2 million. Orlando, Fla.-based time-share developer David Siegel, stung by not being among the creditors offered a deal by the WWF, offered to pay $10.5 million for the hotel. Siegel folded after the WWF offered $10.65 million.