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Donald Trump Getting Sued

December 01, 2008

Us common folks aren't the only ones hurting from the economy. The Donald can't even pay his bills on time!

Donald Trump is being sued by Deutsche Bank Trust Co. for defaulting on a $640 million dollar loan.

The suit was filed against Trump in New York State Supreme Court in Manhattan on Friday. The execs claim that Trump owes $40 million after violating terms of his debt contract with the company for his Trump International Hotel + Tower, reports The Chicago Tribune.

The building isn't even completed yet and he's already tied up in a legal mess. Trump's attorney, Steven Schlesinger, says he has yet to see the suit. Expect a quirky response from the Donald any day now. We're assuming it'll be something along the lines of, 'This company is jealous of how rich I am'.
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Reader Comments
10:33PM 12/01/08 gevo
He better start to liquidate his properties or else he is going to be broke like he was in the early 90's
5:26PM 12/01/08 LucyLove
haha funny assumption there!
4:24PM 12/01/08 Sophie
hes such a loser
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