Donald Trump suing to remove name from Atlantic City casinos
By Wayne Parry, AP
August 7, 2014, 12:00 am TWN
ATLANTIC CITY, New Jersey -- Donald Trump, who presided over a casino empire in the glory days of Atlantic City, filed a lawsuit on Tuesday demanding that his name be stripped from the remaining two.
The real estate mogul told The Associated Press he sued Trump Entertainment Resorts, a descendant of a corporate entity he once controlled, because it has allowed its two Atlantic City casinos, the Trump Plaza and the Trump Taj Mahal, to fall into disrepair, tarnishing his personal brand and confusing customers.
“I want it off both of them,” Trump said in an interview Tuesday evening. “I've been away from Atlantic City for many years. People think we operate (the company), and we don't. It's not us. It's not me.”
The lawsuit, filed in state Superior Court in Atlantic County, seeks a court order directing Trump Entertainment Resorts to immediately cure what it terms a breach of Trump's licensing agreement with the company or remove his name from the casinos and the company itself.
“Since Mr. Trump left Atlantic City many years ago, the license entities have allowed the casino properties to fall into an utter state of disrepair and have otherwise failed to operate and manage the casino properties in accordance with the high standards of quality and luxury required under the license agreement,” Trump wrote in his lawsuit, filed in the name of Trump AC Casino Marks LLC.
Trump Entertainment Resorts CEO Robert Griffin declined to comment on the lawsuit.
Trump appears particularly vexed at the impending closing of Trump Plaza on Sept. 16.
In the lawsuit, he asserts Trump Plaza failed two quality review tests carried out by a third-party consulting firm, one in 2012 and the other three weeks ago. Days later, Trump asserts, the company sent letters to its employees and announced it would close Trump Plaza in September without notifying him.
Trump said the casinos fail to meet industry standards regarding hotel services, food and beverage operations and overall cleanliness, which he said guests have been complaining about for years.
Trump does not run or control Trump Entertainment Resorts, which was formed after the Trump casino empire emerged from the second of its three bankruptcies. But he retains a 10-percent stake, which enables the company to use his name for licensing purposes.
Trump told the AP he has not considered whether to divest his remaining ownership stake in the company.