Tempers Flare as Panama Hotel Owners Try to Oust Trump Company
- 6 years ago
Tempers Flare as Panama Hotel Owners Try to Oust Trump Company
ning and intimidating any employee of the hotel that resisted." Trump Hotels also said
that Mr. Fintiklis, by seeking to drive out the Trump Organization, had violated the terms of his purchase last year. that thug-like, mob-style tactics, repeatedly attempting to force their way into Trump Hotels’ offices, infiltrate and disrupt its computer systems and threate
pt to interfere with Trump’s management of the hotel or take any other steps to terminate
its management agreement," the statement said. that he would not in any way attem
In a statement on Monday, Trump Hotels, a division of the Trump Organization, accused Mr. Fintiklis
of using strong-arm tactics by deploying "a rogue private security team" to take over the hotel.
" the statement said. that Sadly, it now appears as though Mr. Fintiklis has either lost patience with the
pace of the proceedings which he commenced or simply lacks the financial backing he once claimed he had,
The fight intensified last Thursday, when Mr. Fintiklis, managing partner of Ithaca Capital Partners, appeared
at the property to hand-deliver termination notices to four managers, The Associated Press reported.
26, 2018
MEXICO CITY — A bitter struggle between a Trump Organization hotel business and the owners of the Panama City hotel
that carries the Trump name escalated on Monday when the Panamanian authorities announced that they had begun a formal investigation into the dispute.
ning and intimidating any employee of the hotel that resisted." Trump Hotels also said
that Mr. Fintiklis, by seeking to drive out the Trump Organization, had violated the terms of his purchase last year. that thug-like, mob-style tactics, repeatedly attempting to force their way into Trump Hotels’ offices, infiltrate and disrupt its computer systems and threate
pt to interfere with Trump’s management of the hotel or take any other steps to terminate
its management agreement," the statement said. that he would not in any way attem
In a statement on Monday, Trump Hotels, a division of the Trump Organization, accused Mr. Fintiklis
of using strong-arm tactics by deploying "a rogue private security team" to take over the hotel.
" the statement said. that Sadly, it now appears as though Mr. Fintiklis has either lost patience with the
pace of the proceedings which he commenced or simply lacks the financial backing he once claimed he had,
The fight intensified last Thursday, when Mr. Fintiklis, managing partner of Ithaca Capital Partners, appeared
at the property to hand-deliver termination notices to four managers, The Associated Press reported.
26, 2018
MEXICO CITY — A bitter struggle between a Trump Organization hotel business and the owners of the Panama City hotel
that carries the Trump name escalated on Monday when the Panamanian authorities announced that they had begun a formal investigation into the dispute.