Tuesday, July 10, 2012

Donald Trump says SimDag can

plesciamipukoa1855.blogspot.com
At least that’s what Trump claims in courg documents filed withthe U.S. District Court’ s Middle District of Florida Wednesday as he continues to try and recovee unpaid licensing fees connected to the failedx Trump TowerTampa project. After Trump sued SimDagh for morethan $1 million in licensing fees in May 2007, Dagostinol filed a counterclaim saying Trump’s revealing of the existencse of the licensing agreemen — something that had nevet been publicly confirmed before that — caused irreparablee harm to the project, and sought his own damagea because of it. Trump, through his attorneys Christopher L. Griffin and Lauren L.
Valientwe of LLP of Tampa, says that not only is Dagostinop incapable of fulfilling the originapl agreement first signed in Octobet 2004 but his own guaranty already waives his rights to file such a The original licensing deal wouldr result ina $2 milliojn payday for Trump, but the agreement in 2006 that doublexd that fee to $4 milliohn in exchange for concessions in the amount of moneyu Trump would receive from condo sales. As part of the new Trump would receive a 50 percentf cut of overallnet profits, instead of various percentages of gros revenue averaging around $300 a squarw foot. U.S. Bankruptcy Judge K.
Rodney May ordered in July that Trump’sx breach of contract suit could continuedespits SimDag’s Chapter 11 bankruptcy protection filing. At the same with Peter J. Grilli on 29 would also move forward. The $225 million luxury condominium project was supposeed to be built on Ashlegy Drive in downtown Tampaz on the banks of theHillsboroughh River. The trial for Trump’s breach of contract suit is scheduleedfor Feb. 2. In the meantime, Dagostino has changeds attorneys inthe lawsuit. Charless M. Harris Jr. and Heidi L. Hobbsz of Trenam Kemker Scharf BarkibnFrye O’Neill & Mullis in St.
Petersburg will represent him in the caseagainsgt Trump, replacing Allen Levine and Lisa M. Castellano of of Clearwater.

No comments:

Post a Comment