Panama's Gov. steps into Donald trump hotel dispute

as mentioned in Monday's declaration comes in response to a tense standoff among the hotel's owners & Trump's executives, who were hired to run the hotel with the building's developer, many years before Donald trump was rivalled United States president. Hotel owners have been seeking to dump Trump's brand & management team ever ever October over allegations of poor financial performance & financial misconduct. Led with Orestes Fintiklis, a Miami-based private equity Businessman who runs Ithaca Capital, the owners voted to blaze Trump's management Inc. final year.


Trump Administration under investigation with Panama Gov. over hotel dispute

Panama's Gov. said Monday it was formally investigating a complaint which executives for President Donald Trump's family hotel business were illegally occupying a 70-story luxury Donald trump hotel amid a management dispute. Trump Hotels disputed its termination & a linked appeal with Ithaca for damages, & has refused to leave the Panama property. "I am your employer under the laws of Panama," Fintiklis wrote to hotel employees in a letter Sunday. Trump Hotel executives have told employees not to obey orders from Finktilis. The Panama hotel is 1 of twelve residual in Trump's hotel portfolio.

Trump Organization under investigation by Panama government over hotel dispute

Fight heats up among Donald trump Administration & hotel owner in Panama over management

as informed in (CNN) The majority owner of a Trump-branded hotel in Panama alleges the Donald trump Administration misled the property's staff, according to a letter obtained with CNN. Fintiklis too appeals in the grievance which a decline in occupancy "has had & continues to have a direct influence on the hotel's bottom line." "Under the hotel management agreement, we have the sole & exclusive right to supervise, hire & blaze every single employee." The 2 sides have been locked in arbitration & lawsuits ever ever October, according to the lawsuit. Garten approved which Fintiklis was denied access to the hotel's administrative office however declined to comment further.






collected by :Frank Ithan

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