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. . . ALSO STARRING RALPH THE RAT
(FORTUNE Magazine) – Here's a strange ticket: ex-billionaire Donald Trump, 46, and onetime Supreme Court nominee Robert Bork, 65. Both have a stake in a $1.8 billion lawsuit filed by David Lifschultz, also 46, CEO of the stalled Lifschultz Fast Freight trucking company in New York City, against Consolidated Freightways, Roadway Services' Express, and Yellow Freight System. Lifschultz's suit claims they conspired to push smaller competitors like him out of business. As Fortune People reported last December, Trump is Lifschultz's landlord and traded rights to property on Manhattan's West Side for 10% of Lifschultz Industries, the plaintiff company's corporate parent. That would give Trump 10% of any damages a court awards. Now Bork has signed on as Lifschultz's chief legal adviser. His take also depends on the verdict, since he is working for a 7.5% contingency fee. An odd move for a legal eagle who before his top-court bid promoted looser antitrust regulations. Has anything changed Bork's mind about monopolies? It's hard to tell: He ! canceled two interviews and was said to be too busy to comment. Says Trump of Lifschultz, who filed the suit in 1987, four years before his carrier shut down: ''He's fighting a very worthy cause. I respect his courage.'' The cast in this case -- to be heard by a district court in Greenville, South Carolina, probably this year -- also includes Ralph Picardo, 40- something. He is a Teamsters official turned government informer. ''Ralph the Rat,'' as he's known to some, is expected to testify on Lifschultz's behalf. Thomas Puccio, 47, a criminal defense lawyer and former federal prosecutor, will be Lifschultz's chief trial counsel. Trump says Bork and Puccio are ''an incredible legal team.'' The opposition sniffs at the plaintiff's celebrity-studded offense. Says Douglas A. Wilson, VP of finance at Roadway Services, which like the other defendants denies any conspiracy: ''We have chosen to try the case through the judicial system, not the press.'' |
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