Trump Sues Deutsche Bank Over Tower

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First Posted: 11-11-08 10:44 AM   |   Updated: 12-12-08 05:12 AM

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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.

Read the whole story: 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 o...
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 o...
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- RJII I'm a Fan of RJII 77 fans permalink
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would love him and his con artist university to go down in flames

    Favorite    Flag as abusive Posted 02:51 PM on 11/11/2008
- honeydiva I'm a Fan of honeydiva 19 fans permalink

Trump was betting on 0ld...hous­e of cards, man.

    Favorite    Flag as abusive Posted 02:23 PM on 11/11/2008
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