Tuesday, May 14, 2013

Trump to testify in lawsuit trial over condo deals

CHICAGO (AP) ? Donald Trump is known for grilling contestants on his TV show, "Celebrity Apprentice." But he'll be in the hot seat Tuesday as he takes the stand at a civil trial in Chicago.

Several of Trump's companies are named in a lawsuit filed by an 87-year-old investor who says she was lured into buying condos at his namesake Chicago skyscraper with promises of a profit-sharing deal that were later quietly withdrawn.

Jacqueline Goldberg bought two condos for around $1 million apiece at the Trump International Hotel & Tower in 2006. She says she and other investors were promised a percentage of profits from banquet hall rentals and other building services. She's seeking unspecified damages.

Trump's lawyer says Goldberg signed documents giving Trump executives the power to cancel the profit-sharing offer.

Source: http://news.yahoo.com/trump-testify-chicago-trial-condo-deals-134301856.html

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