Appeals Court: Arbitration Won’t Shield Trump From Lawsuit

Former President Donald Trump and his three eldest children can’t force a lawsuit into arbitration that was brought by people who felt cheated by a business he promoted, an appeals court ruled Wednesday.

The 2nd U.S. Circuit Court of Appeals issued a written decision pertaining to a 2018 lawsuit in Manhattan federal court brought by salespeople who lost money in a marketing company that Trump endorsed in speeches and on “The Celebrity Apprentice.” The effort to force arbitration had delayed the lawsuit from proceeding.

The lawsuit alleged Trump and family members secretly received millions of dollars between 2005 and 2015 in exchange for reassuring potential salespeople for telephone company ACN Opportunity LLC there was little risk if they started selling its phone service.

Read the complete story here.

Featured Arbitrators

ad
View all
ad

Read these next

Category

UNCITRAL/ICSID Draft Code of Conduct for Adjudicators in Internation Investment Disputes

It has just been announced that ICSID and UNCITRAL have released the third version of the Draft Code of Conduct for Adjudicators in International Investment Disputes (see here). UNCITRAL and...

By Stacie Strong
Category

Canada – Complex Contractual Matrix and Lack of Privity Prompts Court to Propose Arbitration

This article first appeared on Urbas Arbtiral here. In CUSO International v. Pan American Development Foundation, 2021 ONSC 3101, Mr. Justice Calum MacLeod relied on forum non conveniens principles to resolve an application...

By Daniel Urbas
Category

6 Hours of Social Media Blackout in Arbitration? The Cybersecurity Perspective

Did Monday 6th October 2021 feel like a snow or rain day to you? With Facebook, Facebook Messenger, Instagram, and WhatsApp down for nearly six hours, panic and confusion took...

By Katie Hyman, Wendy Gonzales

Find an Arbitrator

X
X
X