Dec 11, 2009

Donald Trump Sues Tampa Developers

Donald Trump has filed suit against current and former principals of SimDag/Robel LLC: Frank Dagostino, Robert Lyons, Patrick Sheppard and Jody Simon. According to the suit, they men missed payments of $13,448 apiece as part of a legal settlement over a busted licensing deal.

Trump licensed his name to the proposed 52-story luxury skyscraper in exchange for 50% of the profits. Trump Tower was never built and SimDag lost the riverfront lot to foreclosure in July.

Trump was sued last month by 25 former condo buyers who accuse him of fraudulently claiming he was the developer of the tower.

No comments:

Post a Comment