NEW YORK (Reuters) - Real estate tycoon Donald Trump said on Friday he has decided to resign from the board of Trump Entertainment Resorts due to disagreements with bondholders who want the casino group to file for bankruptcy.
The Atlantic City casino industry implosion continues. Following the second, and final, bankruptcy of AC's "state of the art" Revel Casino a month ago, as well as the shuttering of Atlantic Club hotel Casino and the Showboat hotel casino, the grim corporate reaper has come for one of the most prominent boardwalk casinos of all: Trump Plaza.
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.
ALBANY, N.Y. — Donald Trump on Monday defended his Trump University as a booming success for student entrepreneurs and blasted New York’s attorney general, who called it a scam.
Attorney General Eric Schneiderman shot back that Trump is making wild accusations, just like others who commit fraud and get caught.
“We have a terrific school. It’s done a fantastic job,” Trump told ABC’s “Good Morning America.” “We have a 98 percent approval rating among students.”
The real estate tycoon accuses Irongate Wilshire principals of failing to follow through on promises to build a five-star resort called Trump Ocean Resort Baja Mexico.
Real estate tycoon Donald Trump filed a lawsuit Thursday against a Los Angeles developer that paid to use his name for an oceanfront condominium project in Baja California but then failed to build it.