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Trump Organization Weighs Bid for Puerto Rico Golf Club

Submitted by jhartgen@abi.org on

Donald Trump's Trump Organization is considering making a play for the bankrupt golf and country club in Puerto Rico that bears his name, according to the club's bankruptcy lawyer, Dow Jones Newswires reported yesterday. Lawyer Charles Cuprill, who is representing the owner of the Trump International Golf Club in Puerto Rico, told a bankruptcy judge on Tuesday that the Republican presidential candidate's company has signed a confidentiality agreement and has requested information about the assets to be sold in order to conduct due diligence. A $2 million offer from OHorizons Global LLC is the lead bid for the club, which is home to two 18-hole championship golf courses designed by golfer Tom Kite that have hosted the Puerto Rico Open golf tournament. If rival bids are received by the Nov. 16 deadline, an auction will be held on Nov. 23.