No. of Recommendations: 9
Everyone knew this was coming...
Two of the original partners with Trump in the Truth Social / SPAC deal are now being sued by Trump for alleged mismanagement of the firm. Trump's suit states the two should lose their shares in the firm, about 6% each. This is not at all curious because the two men previously filed their own suit against Trump in February over attempts they claim he made to reduce their ownership stakes. If I recall correctly, this had been a contested issue since 2021 when Trump signed the original deal paperwork behind the two firms then immediately began trying to alter the distribtion of shares to allocate some to wife Melania.
This is PURE speculation on my part but knowing the history of the parties involved, it appears as though this latest legal sub-plot could be related to Melania re-negotiating her marriage contract with Donald. Perhaps a new clause in the new deal required more money to be set aside for her and Baron if she was at any point later expected to be thrust back into the public eye by playing "glamorous good bestest mom" during a campaign or eventual Presidential term. Trump already burned through much of his free cash between 2021 and the present re-financing debts that were coming due. We know already from the difficulty Trump had posting his appeal bonds that those additional cash draws have nearly zeroed his free cash. This may be a Hail Mary legal ploy to pressure these two into surrendering their shares so Trump can meet his terms with Melania so she doesn't no-show at the upcoming Republican convention on live television.
From a practical sense, there is zero likelihood such a suit would normally be ajudicated in one or two months to provide Trump any actual relief so unless he is counting on the two to fold and surrender their shares, this tactic makes zero legal or logical sense, making it a seamless fit with Trump's entire modus operandi.
WTH
