Tag Archives: Trump Organization

Trump Hotel Partner Lobbied WH On Trade With Turkey

Courthouse News reports: Three White House cabinet members received pitches last week to dramatically increase trade with Turkey. Capitalizing on the coronavirus pandemic, the letters came from Mehmet Ali Yalçındağ, the chairman of Turkey’s oldest state-sponsored trade group who partnered with Ivanka Trump and the president on the Trump Towers Istanbul deal. “Well before Covid-19 and the new set of …

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Court Okays Pyramid Scheme Suit Against Trump Org

Newsweek reports: A federal judge ruled today that a lawsuit alleging President Donald Trump engaged in fraud by promoting a pyramid scheme will not be delayed. District Judge Lorna G. Schofield ruled that the class action lawsuit can move forward despite Trump’s legal counsel requesting a stay. The lawsuit, led by four anonymous plaintiffs, claims that the Trump and his …

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LIVE AUDIO: SCOTUS Hears Case On Trump’s Financials

The New York Times reports: It seems that every 23 years, or about once in a generation, the Supreme Court considers whether presidents must abide by the rules that govern other citizens. In 1974, it unanimously required President Richard M. Nixon to turn over tapes of conversations in the Oval Office. Twenty-three years later, in 1997, it unanimously required President …

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Trump Organization Owes $211 Million To Bank Of China

Politico reports: Donald Trump is warning “China will own the United States” if Joe Biden is elected president. But Trump himself is tens of millions of dollars in debt to China: In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt includes $211 million from the state-owned Bank of …

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House Oversight Committee: Don’t Give Trump Org Rent Break On DC Hotel, “Blatant Conflict Of Interest”

Roll Call reports: Leaders of the House Oversight Committee are asking the General Services Administration to “stand up to the President” and deny his company’s apparent request for rent relief at the Trump International Hotel in downtown Washington, D.C. The statement was released after media outlets reported the Trump company sought a break on lease payments for its Washington hotel …

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Trump Org Seeks Bailout Money From UK And Ireland

Bloomberg News reports: The Trump Organization is seeking U.K. and Irish bailout money to help cover wages for bartenders, bagpipers and other employees furloughed from its European golf properties because of the coronavirus lockdown. Overseas businesses owned by U.S. President Donald Trump can tap government funds meant to help retain workers. In the U.S., by contrast, they’re specifically written out …

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Trump Org Seeks Rent Relief From Trump Admin

The New York Times reports: President Trump’s signature hotel in the nation’s capital wants a break on its rent. The landlord determining the fate of the request is Mr. Trump’s own administration. Trump International Hotel, just a few blocks from the White House, had been a favored gathering place for lobbyists, foreign dignitaries and others hoping to score points with …

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Trump Org Tweets Claim Drinking Vodka Cures COVID

Golf Week reports: John Daly claims he has a cure for COVID-19 that will help us “get over this thing pretty soon and we’ll get back out playing a lot more golf” in a 50-second video shared by The Trump Organization on Twitter. “I kind of got a cure for this. I only drink one drink a day, it just …

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Trump Organization Lays Off Mar-A-Lago Staffers

The Washington Post reports: President Trump’s Mar-a-Lago Club has furloughed 153 employees, extending the Trump Organization’s growing list of layoffs to one of the president’s favorite destinations, according to a new filing in Florida. The Palm Beach private club — where Trump often meets foreign leaders, and his recently chosen primary residence — has been closed since late March. As …

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Trump Appeals To Block Release Of “Apprentice” Tapes

Law & Crime reports: President Donald Trump and three of his adult children have filed a notice of appeal in a New York City federal court after last week suffering a major defeat over a bid to keep a fraud and deceptive trade practices lawsuit out of the public judicial system. They’ve also moved to stop ongoing discovery efforts. Part …

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Secret Service Protected Trump Family On 4000 Trips In Last Three Years, Often For Trump Org-Related Business

Via Citizens For Responsibility and Ethics: Last fiscal year, the Trump family took more trips that required Secret Service protection than the Obama family took in seven, according to a budget document released by the Treasury Department. On average, Obama’s family took 133.3 protected trips per year, while the Trump family has taken an average of 1,625 annually. Much of …

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Court Orders Release Of Unaired Apprentice Tapes

Related to the previous JMG post. The Hollywood Reporter reports: Journalists, litigants and even actor Tom Arnold for years have been trying to get their hands on unaired footage from The Celebrity Apprentice that allegedly incriminates Donald Trump — and on Thursday a New York federal judge ordered MGM to hand over tapes in a lawsuit over an alleged multilevel …

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Trump Org Suffers Defeat In Racketeering Suit Battle

Law & Crime reports: President Donald Trump, Donald Trump Jr., Ivanka Trump, Eric Trump and the Trump Organization just suffered a major defeat in federal court–losing a battle to have a years-old so-called “racketeering enterprising” lawsuit against them decided via secret arbitration. Those claims are now all but certain to be litigated publicly. The class action plaintiffs originally filed suit …

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Trump Organization Lays Off, Furloughs 1500 Staffers

The Washington Post reports: The Trump Organization has laid off or furloughed about 1,500 employees at hotels in the United States and Canada as the coronavirus pandemic inflicts further pain on the president’s private business. With most of President Trump’s hotels and clubs closed amid stay-at-home orders around the world, the Trump Organization has responded by slashing costs, much like …

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Trump Organization Seeks Relief From Loans, Leases

The New York Times reports: All over the country, businesses large and small are seeking breathing room from their lenders, landlords and business partners as they face the financial fallout from the coronavirus crisis. President Trump’s family company is among those looking for help. With some of its golf courses and hotels closed amid the economic lockdown, the Trump Organization …

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Sale Of Trump’s DC Hotel On Hold As Market Reels

The Washington Post reports: The commercial real estate industry has ground nearly to a halt because of coronavirus shutdowns, forcing buyers and sellers of major properties, including President Trump’s company, to put their plans on hold. The Trump Organization, which he still owns, has had to press pause on the proposed sale of its D.C. hotel lease because of the …

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Court Okays Fraud Suit Against Trump Hotel Company

The Hill reports: U.S. District Judge Edgardo Ramos, an Obama-appointee, decided a former business partner of Trump International Hotels Management could amend its lawsuit against the company to include claims of fraud and breach of contract, according to the ruling obtained by The Hill. The business partner Orestes Fintiklis and his fund Ithaca Capital Investments obtained control of the Panama …

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16 Positive Or Ill After Party At LA Trump Golf Resort

Los Angeles Magazine reports: Although the coronavirus wasn’t yet being treated as a national emergency back on March 6, former Rancho Palos Verdes mayor Susan Brooks sent out a warning to the 65 guests planning to attend her 70th birthday party on March 8 at Trump National Golf Club. She asked invitees feeling under the weather with any flu-like symptoms …

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Schumer: Stimulus Bill Bans Trump Organization Bailout

CNBC reports: President Donald Trump’s businesses are barred from getting loans or investments under the new $2 trillion coronavirus stimulus deal, according to Senate Minority Leader Chuck Schumer. The Trump Organization, which the president has not divested, is run by his two elder sons, Donald Jr. and Eric. The company controls several hotels, resorts and golf clubs, including Mar-a-Lago in …

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Mar-A-Lago Forced To Shutter Under Governor’s Order

The Daily Beast reports: President Trump’s Mar-a-Lago resort closed its doors on Friday, The New York Times reports. The closure comes as Florida Gov. Ron DeSantis issued an executive order that called for non-essential businesses and beaches in Broward and Palm Beach counties to close due to the coronavirus. According to The Miami Herald, all bars, clubs, and restaurants that …

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