USA: Donald Trump loses libel lawsuit
09 Sep 2011A libel lawsuit filed by Donald Trump has been brushed aside by a New Jersey appeals court yesterday. The lawsuit was filed against author Timothy L O’Brien after he wrote a passage suggesting that Trump was worth substantially less than he claims. O’Brien cited three anonymous sources who valued Trump’s worth at between $150 million and $250 million, not the $7 billion he estimates. Trump filed the lawsuit in 2009, when it was rejected. The appeals court affirmed the lower court ruling, and declared that they did not find the existent of ‘actual malice’ in the matter.
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