The Real Deal Miami

Trump “honored” by lawsuit

June 13, 2008 01:08PM

Developer Donald Trump has said he is “honored” that the licensing of his name has become the subject of a lawsuit which was filed earlier this week.
The suit, filed by condo buyers at Trump Towers in Sunny Isles Beach,
alleges that the project’s developers, the Related Group and Dezer
Development, used the Trump name to sell the units, but may alter the
name after the building is sold out. The suit, in which Trump himself
is not named a defendant, seeks the cancellation of over $100 million
in units, and claims around $21 million in down payments.