Trump Unit Says Resort Owes Millions In IP Fees

Law360, New York (August 24, 2012, 2:47 PM EDT) -- A Donald Trump trademark holding company sued a Dominican Republic luxury resort in New York federal court on Thursday, claiming resort executives did not report that they owed $15 million in licensing fees for use of the real estate mogul's name, then failed to fully pay up when the discrepancy was discovered.

The suit, filed by New York-based Trump Marks Real Estate LLC, targets Cap Cana SA and seven executives who are overseeing a project to build Trump at Cap Cana, a mixed-use, multicomponent resort situated...
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