Judge Won't Enter $1.4B Judgment Against Trump

Law360 (January 6, 2009, 12:00 AM EST) -- The federal district judge overseeing a bid-rigging case accusing billionaire investor George Soros, Deutsche Bank and others of engaging in a scheme to win the auction for the General Motors Building has declined to enter a $1.4 billion default judgment against defendant Donald Trump.

On Tuesday, U.S. District Judge Barbara Jones dismissed Leslie Dick Worldwide Ltd.’s request for entry of a default judgment, ruling that Trump and the other defendants have begun to actively litigate the case.

“In light of that activity, as well as the substantial damages sought, the disputed merits of plaintiffs' claims, the lack of prejudice to plaintiffs,...

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