Donald Trump sued ... for more money than he has?

Posted Jan 31st 2008 3:46PM by Zac Bissonnette
Filed under: Law, Trump Entertainment Resorts (TRMP)

As you may have noticed, I regularly scan the internet for stories that give me an opportunity to trash one of my least favorite people in the financial world: Donald Trump.

TMZ is reporting that Nights at Vegas, Inc. is suing Trump's royal derriere and combover for $4 billion, alleging that he made it impossible for the company, which leases units at the hotel bearing his name in Las Vegas, to do business by barring them from using the name "Trump" in their advertising.

The company is seeking $1 billion in compensatory damages and $3 billion in punitive, just for fun.

TMZ adds that "Donald Trump is being sued for $4 billion. No big whoop, unless you're only worth around $2 billion."

In his great book, TrumpNation, Timothy L. O'Brien claims that there are reasons to doubt Trump's claims of being a billionaire.

If TMZ and O'Brien are right, maybe the winner of Celebrity Apprentice can donate the money to Trump's legal defense fund -- although that might disappoint the 11 people who watch the show.

Tags: Donald Trump, DonaldTrump, TRMP

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Reader Comments (Page 1 of 1)

1-31-2008 @ 4:17PM

Boards0000000 said...

LOL.......Can you imagine Trump with an empty wallet. Then he'd just be a poor old man with a comb over.

2-01-2008 @ 2:27AM

johnny jay said...

I keep telling people that the donald doesn't have that much money. The figures indicated are mostly the value of the real estate holdings which are very highly leveraged. If the loan companies & banks that hold these securities as collatoral demand payment for his debt, then the all so high & fake Trump would be pennyless. He would end up as a bum on the street corner selling locks of his fluffy hair. HaHaHaHa.

2-11-2008 @ 10:10PM

dick said...

I'VE ASKED THIS QUESTION-OVER AND OVER AGAIN. DID THE 'DONALD' EVER PAY OFF THE CONTRACTORS THAT FINISHED OFF THE 'TAJ MAHAL'?

2-26-2008 @ 8:47PM

Frey said...

That sounds like big trouble. I wonder what would happen next.
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