Canadian court rules Trump can face claims in Toronto tower case

Thu Oct 13, 2016 9:33pm EDT
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By Alastair Sharp

TORONTO (Reuters) - U.S. Republican presidential candidate Donald Trump can be pursued for some claims made by investors in a hybrid hotel-condo tower in Toronto bearing his name, according to a Canadian court ruling released on Thursday.

An Ontario appeals court reversed an earlier decision to throw out a case brought against Trump and associates by the investors, who said they were misled into investing in the development in Toronto's financial district.

The investors bought units in the tower that were then placed into a pool of rooms to be rented out at luxury rates by the hotel's operator.

"There would be no factual or legal basis to hold my client liable, principally because my client did not enter into a contract with any of the buyers, did not sell anything to any of the buyers, and did not receive any money from any of the buyers," said Alan Garten, general counsel for the Trump Organization.

A lawyer representing all the defendants, Symon Zucker, said he was still reviewing the judgment to determine the merits of an appeal, but said he was pleased it contained no adverse findings against either Trump or his associate.

"As to the balance of the claim, should it be pursued, we believe that it has no chance of being successful," he said.

The 65-story property is managed by the Trump Organization.

Lawyers for Trump and two others had argued that no misrepresentations had been made or that in any event they should not attract personal liability.   Continued...

Republican U.S. presidential nominee Donald Trump speaks to the audience at a campaign rally in West Palm Beach, Florida, U.S., October 13, 2016.   REUTERS/Mike Segar