Filed under: Law, Trump Entertainment Resorts (TRMP)

As you may have noticed, I regularly scan the internet for stories that give me an opportunity to trash one of my least favorite people in the financial world: Donald Trump.

TMZ is reporting that Nights at Vegas, Inc. is suing Trump’s royal derriere and combover for $4 billion, alleging that he made it impossible for the company, which leases units at the hotel bearing his name in Las Vegas, to do business by barring them from using the name “Trump” in their advertising.

The company is seeking $1 billion in compensatory damages and $3 billion in punitive, just for fun.

TMZ adds that “Donald Trump is being sued for $4 billion. No big whoop, unless you’re only worth around $2 billion.”

In his great book, TrumpNation, Timothy L. O’Brien claims that there are reasons to doubt Trump’s claims of being a billionaire.

If TMZ and O’Brien are right, maybe the winner of Celebrity Apprentice can donate the money to Trump’s legal defense fund — although that might disappoint the 11 people who watch the show.

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This entry was posted on Thursday, January 31st, 2008 at 11:00 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.