When Is Trump Tower Not Trump Tower?
When The Donald says it's not:
This case again raises the issue, so carefully analyzed by Judge Seitz, of whether consumers can be misled by the overall impression and strength of an expensive condo marketing campaign as against disclaimers and exculpatory language inserted (buried?) some place in the contract docs.Thirty buyers of Trump International units at 551 N. Fort Lauderdale Beach Blvd. are suing the developers and Trump for allegedly misleading them into thinking the TV star's participation was a sure thing. Though sales contracts identify the project as the SB Fort Lauderdale Hotel & Condominium and state that Trump can withdraw from the licensing deal, the suit claims that marketing materials suggested Trump was on board as a developer.
''Everybody thought they were buying into Trump Tower,'' said Joseph Altschul, the Fort Lauderdale lawyer who filed the suit in Broward County Circuit Court.
The suit claims plaintiffs ''paid a premium for a condominium unit with the Trump name purportedly attached to it,'' reads the suit filed in Broward County Circuit Court. The project's website described it Thursday as ``a signature development by Donald J. Trump.''
The short answer: Joe, don't put a lot of money in this one.
When "mere multimillionaire" The Donald pulls out, maybe you should too.
This entry was posted on at 2:12 AM and is filed under Donald Trump, Joseph E. Altschul, Judge Patricia A. Seitz. You can follow any responses to this entry through the RSS 2.0. You can leave a response.
- No comments yet.
VIP Followers
Popular entries
-
Several in-the-know readers have passed along an incendiary anonymous memo making the rounds among administrators and trustees regarding fin...
-
UPDATE: There is pending legislation for major changes to the alimony statute in Massachusetts. The Alimony Reform Act of 2011 was filed on...
-
500 Coke employees lost their health insurance the day after they went on strike. The union has sued under ERISA , claiming the action wa...
-
Two weeks ago, a Florida man was arrested for logging on to his Facebook account and requesting that his estranged wife list him as a "...
-
Medical marijuana legal in some states, is creating some employment law problems . Seems employees with prescriptions for medicinal use of ...
-
Today marks day 100 of the Mott's strike . The pro-union writer, Michael Winship, does a pretty good job of outlining the economics of ...
-
This business owner's letter to the editor makes a strong case for preservation of the secret ballot for determining a union's maj...
-
Here is another example (the leather goods industry) of the absolute collapse of domestic manufacturing causing the elimination of high pa...
-
Responding to a request from Congressman Darrell Issa (R. CA), David Berry, the Inspector General for the NLRB has determined Craig Becke...
-
Boy it's slow out there, huh? I was going to point out that anybody with a law license is now apparently under consideration to be the n...