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Trump first sued Deutsche and other lenders in New York State Supreme Court in Queens, seeking to excuse a repayment of more than $330 million due Nov. 7 and extend the $640 million construction loan for an unspecified amount of time. In the suit, Trump claimed that the global economic crisis was a "once-in-a-lifetime credit tsunami" affecting his ability to sell units at the Tower and repay the loan. He also sought $3 billion in damages.

Deutsche then filed its lawsuit in New York State Supreme Court in Manhattan, claiming Trump personally owed the bank $40 million after defaulting on the loan.

OK guys, we are adults around here. This was to forestall a foreclosure when because the economy went south, Trump was left with a building to complete and sell. The lenders, Deutsche Bank, are big boys and knew that they were accepting a market risk when they made the loan.

At the end of the day I presume the building was completed, the units sold, and the lender repaid.