The Trump-Branded Puerto Rico Golf Bankruptcy

What happened

1. promise2015-06-16documented

   Trump presented his business record as a qualification for the presidency during his campaign launch.

   • Roll Call Factbase: Donald Trump Vlog: Self Funding2016-01-27 · Full transcript; statement that the campaign was totally self-funded
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2. action2015-07-13documented

   Coco Beach Golf & Country Club filed a Chapter 11 petition while operating under the Trump brand through a licensing arrangement.

   • TIME: Trump-branded Golf Club in Puerto Rico Files for Bankruptcy2015-07-13 · Petition date, reported assets and liabilities, and licensing limitation
   • U.S. District Court for the District of Puerto Rico via GovInfo: Muñoz-Mendoza v. Puerto Rico Tourism Company2021-09-30 · Background describing Coco Beach Golf & Country Club's 2015 Chapter 11 petition
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3. outcome2015-07-13reported

   Contemporaneous reporting described the petition's reported asset and liability ranges and noted that Trump did not own the resort.

   • TIME: Trump-branded Golf Club in Puerto Rico Files for Bankruptcy2015-07-13 · Petition date, reported assets and liabilities, and licensing limitation
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4. limitation2015-07-13reported

   The supported Trump-root edge is licensing and branding, not ownership of the bankrupt debtor.

   • TIME: Trump-branded Golf Club in Puerto Rico Files for Bankruptcy2015-07-13 · Petition date, reported assets and liabilities, and licensing limitation
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People and organizations

• Coco Beach Golf & Country Club S.E.affected party
• Trump branding and licensing businessbeneficiary