Friday, December 24, 2010

Former Trump hotel in Fort Lauderdale still mired in litigation

More than a year after it was set to open, only maintenance crews and real estate types appear to be making regular use of the former Trump International Hotel & Tower on Fort Lauderdale’s beach.
The 298-unit condo-hotel is beset by litigation, including two class action lawsuits from buyers and a foreclosure by a government-chosen successor to the original lender, Corus Bank.
During a Dec. 21 hearing, attorneys for the lender, Donald J. Trump and two of his companies argued that claims against them in one of the class action cases should be dismissed. A decision by U.S. District Judge Adalberto Jordan was pending at deadline.

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