Trump Entertainment Resorts Inc., the casino company founded by Donald Trump, will file for bankruptcy again, according to people with knowledge of the situation, putting a fifth New Jersey casino in danger of closure.
When it comes to the slow-motion cataclysm that is Atlantic City, where as we reported recently the Revel Casino recently filed its second and final liquidation bankruptcy, no other name has seen more bankruptcies than Donald Trump. Or rather Trump Entertainment, because nowadays the two are anything but synonymous. In fact, the Donald is so embarrassed of his namesake legacy that a month ago he filed a lawsuit demanding that his name be stripped from the hotels making up the former.
New York Attorney General Eric Schneiderman has filed a lawsuit against Donald Trump and his eponymous "Trump University" for defrauding students looking to learn about the billionaire's brand of business acumen.
ALBANY, N.Y. — New York’s attorney general sued Donald Trump for $40-million Saturday, saying the real estate mogul helped run a phoney “Trump University” that promised to make students rich but instead steered them into expensive and mostly useless seminars, and even failed to deliver promised apprenticeships.
Trump shot back that the Democrat’s lawsuit is false and politically motivated.
In the peach- and white-veined marble lobby of Trump Tower on Fifth Avenue, tourists can shop for items from Donald Trump’s clothing line and buy his best-selling book, “Trump: the Art of the Deal.” In the Trump Organization’s offices on the 26th floor, the walls are decorated with images of “The Apprentice” star on the covers of magazines, from Esquire to Playboy.
Donald Trump has invited all the Republican presidential candidates to a debate. Ron Paul and Jon Huntsman properly turned down the offer. Newt Gingrich, hoping for a Trump endorsement like the idea.
One must understand upfront this is not a gracious offer by Donald Trump to conduct a a fair debate. This is a self-serving promotion by Don Trump, for Don Trump, to put none other than Don Trump into the spotlight as kingmaker.
It doesn't look like this will be the Christmas that Donald Trump's Grinch heart grows three sizes bigger. This holiday season, the mogul is suing the little city of Rancho Palos Verdes for $100 million -- five times its annual budget.
What injustices could possibly warrant such an immense claim?