Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News
Politics

Michael Cohen Renegotiates Payments For Trump University Vendors

Michael Cohen departs home to testify in Republican presidential candidate and former U.S. President Donald Trump's criminal trial in New York

During a recent testimony, Michael Cohen revealed details about renegotiating payments for vendors associated with Trump University. The situation arose when Trump University faced financial difficulties, leading to approximately 50 vendors not receiving their due payments.

Cohen took the initiative to address this issue by offering the vendors 20% of their outstanding invoices. Remarkably, all but two vendors agreed to this revised payment arrangement. Once the vendors accepted the offer, Cohen ensured that they were promptly paid within 48 hours.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.