Even the Donald is apparently not immune from this economic crisis. On November 6--the day before Trump was supposed to pay Deutsche Bank and his other lenders $330 million of the $640 million he borrowed for a high-rise hotel condominium project in Chicago--Trump filed a lawsuit in Queens County Court. But Trump's legal roll of the dice has come up snake eyes. Yesterday Deutsche Bank filed a motion to dismiss the Queens suit. It also requested sanctions against Trump for filing a frivolous claim, and it moved for a $40 million summary judgment against the developer.
December 03, 2008 at 12:00 AM
1 minute read
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