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Donald Trump on trial in Chicago

Donald Trump is in Chicago to testify at the trial stemming from a lawsuit over the sale of two units at Trump Tower.

A woman’s claim says when she bought two condos the sale included an agreement that buyers would get a percentage of the Trump Hotel revenue.

The woman says the deal was dropped after she paid a $500,000 deposit.

She accuses Trump’s management of breach of contract and deceptive practices.

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Donald Trump won a heated court fight today when a federal jury in Chicago awarded no damages to an 87-year-old Evanston grandmother who sued the TV celebrity over a disputed condo deal at his high-rise Chicago hotel.

He spoke with WGN News shortly after the verdict was read.

Tonight an 87-year-old Chicago woman’s lawsuit against New York billionaire Donald Trump is in the hands of a federal jury.

The jury deliberated for about 90 minutes today  before going home.

In closing arguments, Jackie Goldber’s lawyer accused flamboyant billionaire Trump of lying on the witness stand and expressed his personal distaste for the reality TV star. He said Trump was motivated by greed.

Trump is accused of a real estate bait and switch at his iconic tower in Chicago and of reneging on a deal that would have shared profits with investors. He says his accuser got buyer’s remorse when the market went south.

Jacqueline Goldberg is a hard-working, self-made real estate success in her own right who owns one Trump Tower unit and put a half-million down on two more. She now seeks $6 million in a case her lawyer characterized today as “Chicago vs New York.”

Trump testified last week and say’s he is the victim.  Trump’s attorneys say the contract also reserved the right for them to change the terms of the amenities.

The jury resumes deliberations in the morning.

 

Attorneys are giving closing arguments Wednesday in the case involving real estate mogul Donald Trump and 87-year old Jacqueline Goldberg.

Goldberg’s lawyers say this is not a case of breach of contract.  Instead, they say it’s a case of consumer fraud and deceptive practices as well as a violation of the Interstate Land Sales Act.

Goldberg bought two condos at Trump Towers in 2006 for $1 million a piece. She says they were an investment.

Goldberg’s attorneys say the incentives in the contract basically called for condo owners to share in the profits from hotel health clubs, laundry rooms, meeting rooms and ballrooms.

Trump’s attorneys say the contract also reserved the right for them to change the terms of the amenities.

Goldberg is suing to get out of the original contract.  She wants the $500,000 she put down on the condos and no less than $5 million in punitive damages.

After closing arguments, jurors will be given instructions from the judge and then begin deliberations.

Closing arguments are expected today in the lawsuit against Trump Tower.

Tenant Jackie Goldberg told jurors yesterday that she had qualms about suing Donald Trump, but said “Someone had to stand up to him.”

Goldberg purchased two hotel units at Trump Tower as investments. She claims Trump’s company promised profit sharing, but then pulled the offer after she put down a deposit.

Goldberg is accusing the company of breach of contract. She is suing to get her deposit back, along with damages.

When Trump testified last week he said he is the victim in the case, and Goldberg is trying to rip him off.

Donald Trump took the stand for a second day in a Chicago courtroom.  He’s being sued by an 87-year-old Chicago woman who claims he owes her money on a condo deal gone wrong.

Trump was feisty, candid and all business as he testified in federal court today. He calls the plaintiff a sophisticated investor with lots of money and even more know-how. He says he feels like he is the victim and claims the woman, Jackie Goldberg, is taking him for a ride.

The two are tussling in court over a half million dollars. Goldberg lives at Trump Tower and invested in the hotel there. Trump says she wants her deposit back from the investment after the market changed. He calls the suit a disgrace. They have been tied up in a legal dispute here for years.

Trump and Goldberg’s attorney had a heated exchange before the jury today. The back and forth prompted judge  U.S. District Judge Amy St. Eve

to send the jury out of the room then reprimanding the two men, saying, “You’ve been dancing around and boxing with each other for the last 45 minutes.  You’ve got to stop it.”

Trump’s testimony concluded today.  The trial will most likely continue in to next week next week.

By Annie Sweeney Tribune reporter

A federal judge admonished Donald Trump and an attorney questioning him today in federal court in Chicago, telling them to “catch their breaths” and stop bickering.

“You’ve been dancing around and boxing with each other for the last 45 minutes,” U.S. District Judge Amy St. Eve said outside of the presence of the jury. “You’ve got to stop it.”

Trump is defending himself against a lawsuit filed by Jacqueline Goldberg, 87, who contends Trump Tower reneged on revenue-sharing plans that were advertised as part of the 2003 development of the luxury high-rise at 401 N. Wabash.

Trump and Goldberg’s attorney, Shelly Kulwin, had knocked heads all morning, leading to multiple objections and motions to strike testimony.

St. Eve told Trump to answer the questions he was asked and instructed Kulwin to simplify his questions to the real estate mogul.

“I’m going to give you time to catch your breath,” she said during a break in testimony.

Copyright © 2013 Chicago Tribune Company, LLC

Donald Trump will be back in a Chicago courtroom to fight against a hotel lawsuit.

Trump resumes his testimony Wednesday morning.

He is being sued by 87-year-old investor Jackie Goldberg.

She lives in a Trump Tower unit, but she also bought two hotel units for about 2 million dollars.

Goldberg is suing for her deposit, and damages, claiming that Trump breached their contract.

Her lawsuit claims Trump promised profit sharing, but then pulled it after Goldberg put her money down.

“This has nothing to do with buyers’ remorse.  Ms. Goldberg is a woman of means.  She doesn’t have to worry about that,” said Goldberg’s Attorney Shelly Kulwin.

On the stand, Tuesday, Trump testified that he delegates many of the day to day decisions about Trump Tower.

“He’s coming here to do a couple of things.  Tell the truth and tell his side of the story,” said Trump’s attorney Stephen Novack.

The plaintiff’s attorney accused Trump of boasting while on the stand by going on about himself and his real estate empire.
Trump’s continued testimony is expected to take up half of Wednesday’s proceedings.

He’s known for grilling contestants on Celebrity Apprentice and for his catchphrase “you’re fired!”  But today, it was Donald Trump in the hotseat in a Chicago courtroom.

He took the stand in front of a jury in federal court.  Trump is accused of welching on a business deal.  He’s being sued by one of the owners in the city’s now-iconic Trump Tower.  The owner says Trump used his fame to lure investors along with promises he had no intention of keeping.

87-year-old Jackie Goldberg, a real estate investor and mother of four, who holds a masters in accounting and is a current resident of the Trump Tower, also bought two hotel units for about a million a piece.  She put about a half-million down and  now wants that money back, plus damages.  She is accusing Trump of changing the deal.

In court, Trump was at times a bit verbose on the stand as Goldberg’s lawyer worked to tie him directly to the day-to-day decision-making at his properties

Goldberg says promises of profit-sharing were reneged on by Trump’s company after she bought and she’s the victim of a classic bait and switch.  She claims Trump’s fame and real estate success were part of the sales pitch and that trump himself was “the decider.”

Trump’s lawyers are downplaying how hands-on he is at his real estate empire, saying he delegates a lot of the decision-making.

He’s back on the stand tomorrow.

Donald Trump will appear in court in Chicago today. donaldtrump

He’s expected to testify at the trial stemming from a lawsuit over the sale of two units at Trump Tower.

A woman’s claim says when she bought two condos the sale included an agreement that buyers would get a percentage of the Trump Hotel revenue.

The woman says the deal was dropped after she paid a $500,000 deposit.

She accuses Trump’s management of breach of contract and deceptive practices.

Donald Trump is expected to be in town this month, testifying at a federal trial in a dispute over the sale of two units at Trump Tower.

The lawsuit was filed by a woman who put down a deposit of more than a half million dollars on a residential unit and two hotel units in the high rise.

She alleges breach of contract and deceptive practices after management changed the terms of sales agreements, dropping plans to let buyers of hotel units share in some of the hotel revenue.

The suit seeks a return of her deposit and another half-million in damages.

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