Trump’s Name Stripped Off Panama Hotel After Ugly Fight Over ‘Tarnished Brand’

The staff of the Trump Organization was ejected Monday from the Trump International Hotel and Tower in Panama City after a tense 12-day standoff with hotel owners that erupted into violence. The name “Trump” was quickly stripped off the building’s facade by a worker wielding a hammer and a crowbar.

Trump personnel were escorted out of the building Monday by more than a dozen police officers and a Panamanian judicial official, ABC News reported. But Trump Organization officials said they’ll continue to battle in court to return as the managers of the 70-story building.

Orestes Fintiklis, managing partner of Miami-based Ithaca Capital Partners, which owns most of the units in the hotel-condo complex, ordered Donald Trump’s company out last year, accusing the operation of “abysmal management” and a “brand tarnished beyond repair” that was hurting business. But the Trump Organization refused to surrender its role. Executives said they wouldn’t succumb to “mob-style tactics” and expected to be paid through the company’s 2031 management contract.

Police were called to the building a number of times to keep the peace in recent days, ABC News reported, and a shoving match, with some punches thrown, between hotel and management security guards was captured on tape.

Source: huffingtonpost