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Donald Trump sues Trump Tower Tampa developers

For a self-proclaimed multi-millionaire, Donald Trump is seeking pretty lean trimmings in his latest lawsuit against the developers of Trump Tower Tampa.

Last week, the New York real estate tycoon sued current and former principals of SimDag/Robel LLC: Frank Dagostino, Robert Lyons, Patrick Sheppard and Jody Simon. According to the suit, the four men missed payments of $13,448 apiece as part of a legal settlement over a busted licensing deal.

Trump lent his name to the proposed 52-story luxury skyscraper in exchange for half the profits. Trump Tower was never built and SimDag lost the riverfront lot to foreclosure in July.

Trump was sued last month by 25 former condo buyers who accuse him of fraudulently claiming he was developing the tower, not just sharing his name.

Donald Trump sues Trump Tower Tampa developers 12/07/09 [Last modified: Monday, December 7, 2009 5:40pm]
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