An attempt to oust President Donald Trump's hotel business from managing a luxury hotel in Panama has turned bitter, with accusations of financial misconduct.
Trump Hotels is contesting its firing, and its staff ran off a team of Marriott executives invited last month to visit the property during a search for a new hotel operator, according to two people familiar with the matter.
After the owners' association accused Trump Hotels of mismanagement and financial misconduct in a $15 million arbitration claim, the company owned by the president fired back with a $200 million counterclaim and refused to turn over the property's financial records. When a team from Marriott International Inc. came to the property at the invitation of the hotel's majority owner, Trump staff asked them to leave, according to the two people, who spoke on condition of anonymity because they were not authorized to discuss publicly what happened behind the scenes.
The head of Trump Hotels, Eric Danziger, also called Marriott chief executive Arne Sorenson to complain about the visit, the two people said.
Since Trump took office, Trump hotels in New York and Toronto have quietly reached deals to separate themselves from Trump's brand.
But the Panama dispute is shaping up as a brawl.
In a letter to fellow owners, the investor leading the hotel owners' board of directors accused Trump Hotels of "gross mismanagement, breaches of contract, conversion and breaches of fiduciary duties." Conversion is a legal term for the misuse of someone else's property for one's own gain. "Our investment has no future so long as the hotel is managed by an incompetent operator whose brand has been tarnished beyond repair," Orestes Fintiklis, the managing partner of Miami-based Ithaca Capital Partners, wrote in the letter. Trump Hotels, he wrote, "is refusing to maintain its last shreds of dignity and peacefully vacate our property." #notmypresident#impeachtrump#lockhimup#trump#dayofdistress#mueller#treason#ivankatrump#erictrump#donaldtrumpjr#corruption#maga#gop#donthecon
Originally I thought this was too tasteless to post but considering how our political discourse has devolved into debating whether or not the President said shitHOLE vs shitHOUSE, I’ve decided what the hell. #pissonyou#peeonyou#dripdripdrip
CONVENIENT AMNESIA keeps overcoming those covering for Trump - she fucking SMILES when asked about the cuss words that she “doesn’t recall” him saying, just remembering “strong language” being spoken. Not something to smile about at all, but something for The American Public to be FURIOUS OVER. #notmypresident#liesanddeception#shithole#shithouse#racist