General Discussion
In reply to the discussion: Third lien on Trump hotel brings alleged unpaid bills to over $5 million [View all]Honeycombe8
(37,648 posts)is that they don't require payments on an ongoing basis. They may get a percentage up front, and that's it? Then they wait to bill the conglomerate upon completion? Or they bill them along the way, and disregard the fact that the conglomerate doesn't pay those bills, and continue working on the project.
The jobs are big, and are feathers in the cap of the service businesses, so they cut the conglomerate slack.
So, although bills are required to be paid, it's hard for me to feel too sorry for them. They know Trump's history of stiffing contracts and filing for bankruptcy multiple times.
Trump sometimes doesn't pay services after a while, I've read, because he just decides, "I've paid enough." Then that forces the service companies to sue him to get their money. Sometimes a service business won't do that, probably, because suing is very expensive. Esp when your defendant is Trump, who has expensive lawyers to make sure it costs you big.