Trump Sues Deutsche Bank Over Tower
Read More:
Chicago Architecture, Chicago Trump Tower, Deutsche Bank, Donald Trump, John Gallagher, Steven Schlesinger, Trump Deutsche Bank, Trump International Hotel & Tower, Trump Sues Deutsche Bank,
Chicago News
-
-
?>
-
Reuters:
Luxury hotel and resort developer Donald Trump sued Deutsche Bank and several other banks on Monday, demanding $3 billion in damages, claiming they broke agreements in the construction and financing of Trump International Hotel and Tower in Chicago.
The unfinished 92-story complex that would be the second-tallest building in the United States behind Chicago's Sears Tower was due for completion in mid-2009.
Trump has been trying to extend a $640 million construction credit from a group of lenders led by Deutsche Bank, The Wall Street Journal reported last Friday.
First Posted: 11-11-08 10:44 AM | Updated: 12-12-08 05:12 AM