Trump Name Forcibly Removed from Panama Hotel

Police Officers Brawl With Trump Hotel Employees in Panama to Evict Trump Organization

The Associated Press reported that the owner of that Trump Panama hotel took control of the property on Monday, escorted into the building by police officers and a Panamanian judicial official.

Orestes Fintiklis, who obtained control over more than 200 units in the Ocean Club Trump Hotel, gained access to the tower's main office late Monday morning after a Panamanian court ruled in his favor and moved to eject the Trump Organization.

"Today, this dispute has been settled by the judges and the authorities of this country", Fintiklis, a Miami-based private equity investor and head of the hotel owners' association, said, according to Reuters. The Cyprus national then started playing a Greek anti-fascism song entitled "Accordeon" on a piano.

In recent weeks, physical confrontations between Fintiklis and Trump staff at the hotel began.

However, the building's future remained uncertain as the Trump Organization said it could still retake control of the hotel. For the past week, this 70-story building in Panama's capital - created to resemble a billowing sail - has been the scene of shoving matches between rival security guards, repeated visits by police, power outages, and reports of documents being shredded.

Now, the Trump Hotels brand operates 11 properties in its portfolio after hotels in Toronto and NY similarly voted to step away from the brand recently. His aim was to oust the Trump Organization, which has managed the hotel since its 2011 opening.

But according to lawyers of the Trump Organization, the underlying dispute had not be settled by the Panamanian courts.

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Orestes Fintiklis, who has filed suit in both the USA and Panama, alleged that "gross incompetence" on the part of the Trump Organization was hurting the tower's overall business. Ethics experts fear that the standoff presents Trump with one of his most consequential conflicts of interest as president.

President Donald Trump's name, emblazoned outside the hotel, was removed from the property.

And as the final humiliation, Fintiklis ordered Trump's name to be ripped off from the outside of the hotel - check out ABC News' video footage of Trump's name being torn down below.

As he has during other moments in the standoff when he claimed victory, he played the piano in the hotel lobby.

For its part, the Trump Organization accused Fintiklis of breaching his contractual commitments.

A legal battle began last fall with Ithaca Capital claiming in a lawsuit that the hotel had "steadily been losing market share and stands in last place among its peer luxury hotels in all the relevant metrics for success in the hotel industry".

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