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Trump Sues Hong Kong Partners

The Deal

July 13, 2005

On Monday -- in between golf rounds with Bill Clinton, New York Yankees manager Joe Torre and comedian Billy Crystal -- Donald Trump found the time to file a potential billion-dollar lawsuit against some former business partners for what he calls "a staggering breach" of duty. The complaint alleges that the partners, who last month sold a large parcel of Manhattan land for $1.76 billion, accepted a sum that was about half of what other investors had offered.

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