Judge Won't Enter $1.4B Judgment Against Trump

Law360, New York (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...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.