Trump loses arbitration to win back control of Panama hotel
Source: univision
Donald Trump's hotel management company suffered another legal defeat Tuesday when an international arbitrator ruled against returning control of a landmark hotel in Panama to the president's company.
Publicado: mar 28, 2018 | 11:18 AM EDT
An international arbitration court ruled late Tuesday against the Trump Organization's effort to win back control of a landmark luxury hotel in Panama after it was evicted by the owners earlier this month over allegations of "horrific" mismanagement.
The arbitrator's decision effectively upheld the firing of Trump's hotel staff, the takeover of its bank accounts and physical removal of the Trump name from the hotel, which made headlines on March 5.
It appears to leave the Trump Organization with no other legal recourse except to seek damages for loss of income over the 12 years left on its management contract in Panama, according to the 32-page ruling, details of which were viewed by Univision.
..................................
The arbitrator for the International Chamber of Commerce (ICC), the world’s leading court for settling commercial disputes,..................................
The court's decision represents a major setback for the Trump hotel group after it also lost control of hotels in Canada and New York and raises questions over its legal strategy. ......................
Read more: https://www.univision.com/univision-news/latin-america/trump-loses-arbitration-to-win-back-control-of-panama-hotel
As trumpy was say. Too bad
The Trump name comes off a sign at the entrance to the Trump Ocean Club International Hotel & Tower, where a dispute is ongoing for control of the hotel's management. March 5, 2018. Reuters
= new reply since forum marked as read
schadenfreude.... 
Maybe he will want his name removed from future history books when he sees what they will write about him.
tRump and his family will be suing book authors and other writers for years after he's gone for defamation, just for revenge and to try and make a few bucks.
These people are nothing but hucksters and leeches......
