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Trump Sued for More Than He's Worth

1/29/2008 10:08 PM PST BY TMZ STAFF

Donald Trump is being sued for $4 billion. No big whoop, unless you're only worth around $2 billion.
Read the lawsuit
Nights at Vegas., Inc. is suing Trump, alleging he jock-blocked them in connection with the Trump International Hotel & Tower in Las Vegas. Nights at Vegas is a licensed real estate property management company that leased out a number of the 1,200 condos in Trump complex.

When Nights at Vegas leases a unit, it takes 20% of the rental income from the condo owner. The Donald has a management company that gets 50% of the income when it leases out the condos. Sounds like Nights has the edge. But there's a rub.

According to the lawsuit, Trump has effectively made it impossible for Nights at Vegas to do business by prohibiting them from using the name "Trump" in any of its advertising or marketing.

Nights at Vegas claims Trump is violating the anti-trust laws, among other things. The suit seeks a cool $1 bil in compensatory damages and $3 bil in punitive.

No comment from Trumps peeps.

79 COMMENTS

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Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6
76.

Roam    

78. I love Donald Trump. He is proof that there are still some brains left in America.

Posted at 8:40AM on Jan 30th 2008 by inou

Want to bet?

2372 days ago
77.

Cate    

Nights at Vegas might have a case here, but 4 billion in damages is quite excessive and probably wouldn't get awarded that much. Plus do they have a case? Trump not only is his last name he probably owns the rights when people can use it in business and money making practices.

2372 days ago
78.

Shari Las Vegas    

Maybe TMZ should purchase a company penthouse from me to stay current on this issue. I'm just sayin... shari@LasVegasWealthGroup.com

2372 days ago
79.

Chris Curry    

A cartoon character at best. His children should never look up when they are in public.

2371 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6

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