Shareholder Suits

Atlantic City casino magnate Donald Trump has been sued in Delaware by a Trump Hotels & Casino Resorts Inc. shareholder who says the company improperly loaned the developer $26 million, from which Trump allegedly took $13.5 million to pay a personal debt. In the suit, shareholder William Steiner contends that Trump, the majority owner of Trump Hotels, and four other directors illegally breached their duties to the struggling casino company by allowing him to borrow the cash last fall.

In the suit, filed July 29 in Delaware Chancery Court in Wilmington, shareholder William Steiner contends that Trump, the majority owner of Trump Hotels, and four other directors illegally breached their duties to the struggling casino company by allowing him to borrow the cash last fall.

Featured Firms

Law Offices of Gary Martin Hays & Associates P.C.

75 Ponce De Leon Ave NE Ste 101

Atlanta, GA 30308

(470) 294-1674

www.garymartinhays.com

Law Offices of Mark E. Salomone

2 Oliver St #608

Boston, MA 02109

(857) 444-6468

www.marksalomone.com

Smith & Hassler

1225 N Loop W #525

Houston, TX 77008

(713) 739-1250

www.smithandhassler.com

Presented by BigVoodoo

More From ALM

Discover how AI-powered deposition and medical record summaries can streamline your workflow, minimize errors, and give you back valuable time.

AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

Brought to you by Parrot
Download Now

Simplify your EDRM lifecycle with confidence. Learn how a holistic approach can streamline in-house corporate legal processes and enable your legal team to achieve secure, accurate, and defensible data productions.

Technology to Make E-Discovery Smarter, Not Harder

Brought to you by Nuix
Download Now

72% of firms report equity partner attrition is increasing or staying the same. As lawyers face burnout and clients demand efficiency, profitability remains at risk. Based on survey responses from over 800 law firm leaders, this guide explores how leading firms are aligning client expectations with better resource management strategies to boost lawyer engagement, retention, and profitability.

Aligning Client Needs with Lawyer Growth and Profitability

Brought to you by BigHand
Download Now

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

From Data to Decisions

Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.

Exclusive Depth and Reach.

Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.

Big Pictures and Fine Details

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.

Complex Claims & Litigation Forum 2025

February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.

Learn More

Legalweek Leaders in Tech Law Awards 2025

March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Learn More

Legalweek New York 2025

March 24, 2025 - March 27, 2025
New York, NY

Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.

Learn More

IP ASSOCIATE, PATENT AGENT, TECHNICAL SPECIALIST (Patent Prosecution) (multiple locations)

McCarter & English, LLP is actively seeking a patent associate, patent agent, or technical specialist for its Intellectual Property Prac...

Apply Now ›

Chief Public Defender

The County of Dallas, founded in 1846, is the second most populous county in Texas with a vibrant and diverse population of nearly three mil...

Apply Now ›

City Attorney

THE CITY OF FORT LAUDERDALE, FL INVITES YOUR INTEREST FOR THE POSITION OF CITY ATTORNEYWelcome to the City of Fort Lauderdale. Click on the ...

Apply Now ›

Shareholder Suits

Share with Email

Thank you for sharing!

Trending Stories

Featured Firms

More From ALM

Subscribe to Law.com