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Judge, police help oust Trump Hotels from Panama property

Rogue Valley

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Judge, police help oust Trump Hotels from Panama property


JEFF HORWITZ, MARK STEVENSON AND JUAN ZAMORANO
Associated Press
March 5, 2018

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A man removes the word Trump, off a marquee outside the Trump Ocean Club International Hotel and Tower in Panama City, Monday, March 5, 2018

PANAMA CITY (AP) — Trump hotel executives were ousted from their offices in Panama's Trump Hotel on Monday, as Panamanian officials stepped in to resolve a 12-day standoff between Trump's company and the property's owners. Trump's security guards also left the property, and crews immediately began stripping Trump's name from the building. The action began when a Panamanian judge and armed police officers escorted the head of the hotel's owner association into the Trump-branded 70-story, luxury property on Panama Bay, with Trump's security staff departing soon after. A legal dispute over Trump's management contract at the hotel continues, but Monday's developments indicated Trump had effectively surrendered physical control of the property. A Panamanian judicial official told The Associated Press a statement would come later in the day. The Trump Hotel's website had ceased offering direct bookings at the hotel by early Monday afternoon. "We apologize," the site said. "There are no available rooms for your requested stay."

The judicial intervention resolved the most contentious part of a 12-day standoff between Trump's hotel business and Fintiklis, who sought to take physical control of the property on behalf of the hotel owners. "Our investment has no future so long as the hotel is managed by an incompetent operator whose brand has been tarnished beyond repair," Orestes wrote to his fellow hotel owners in a January email obtained by the AP. The most recent and intense feuding began Feb. 22, when the Miami-based Fintiklis came to the property with termination notices for Trump's management team. Trump hotel officials turned away Fintiklis and his entourage, refusing to let Fintiklis check into any of his private equity fund's 202 hotel rooms. A legal complaint filed by Fintiklis said that, late that same evening, he and others in his party witnessed Trump's management team destroying hotel documents, which Trump officials have denied. Trump security officials exited the property on their own accord, leaving the hotel's administrative office vacant. Within two hours, a man using a hammer and a crowbar began stripping Trump signage from a stone plaque in front of the building.

The Donald's bullying tactics didn't work so well in Panama. Does my heart good to see Trump Organization thugs get the boot.

Related: Police evict Trump staff from Panama hotel amid ongoing dispute
 
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