(Bloomberg) -- A former business partner of Donald Trump’s hotel company can pursue its allegations that the president’s firm evaded income taxes on a project in Panama and under-reported employee salaries there, a federal judge ruled, while dismissing some of Trump’s counterclaims.
U.S. District Judge Edgardo Ramos on Monday allowed the business partner, Orestes Fintiklis, and his fund, Ithaca Capital Investments, to amend their 2018 lawsuit againstTrump International Hotels Management to add claims of fraud and breach of contract. Ithaca assumed control of the property after Trump withdrew from it in March 2018, and a bitter feud over the development ensued.
Read More: Trump’s Panama Hotel Venture Alleged to Have Evaded Taxes
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