Workers pried the name "Trump" off a luxury hotel in Panama City on Monday as its owner said he had succeeded in expelling the American president's family from managing the building. Cypriot businessman Orestes Fintiklis, who owns a majority of the Trump Ocean Club International Hotel and Tower in Panama, said it was "a commercial dispute that just spun out of control, and today this dispute has been settled by the judges and the authorities in this country."
Workers removed the Trump logo from the entrance to the luxury complex, as police stood guard and a Panamanian court official looked on. Tourists later snapped pictures in front of the newly Trump-less sign, where a faint imprint of the president's name was still visible.
"Today, Panama has showcased stable institutions, rule of law and investor-friendly legal framework," Fintiklis said in a brief statement to the press. The Trump Organization, however, insisted the decision was temporary, pending final resolution of the dispute.
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