Details are vague but it appears that someone, according to Trump, sent a wire of "$16.5 million to the BNP Paribas Bank of London for the purpose of obtaining an unlawful advantage with respect to the purchase" of the former Penn Central rail yards, located in Manhattan. The parcel extends from 59th Street to 72nd Street east of the West Side Highway. Extell and the Carlyle Group jointly purchased the property for $1.76 billion.
Trump claims the Cheng Group sold the property for approximately $1 billion less than what it could have obtained. Cheng Group owned a controlling 70 percent interest in the 77-acre parcel while Trump owned 30 percent.
-RW
...Donald Trump is suing the Extell Development Company and the Carlyle Group for tortuous interference.
ReplyDeleteDo you mean "tortious," or is Trump claiming they waterboarded him?
Thanks, corrected.
ReplyDelete