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Trump-branded golf club in Puerto Rico files for bankruptcy

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The Trump International Golf Club Puerto Rico, which bears the name of Republican presidential candidate Donald Trump, filed for bankruptcy protection Monday.

According to CNBC, the club owned by developer Empresas Diaz uses the Trump name under a licensing agreement. Trump does not own the club.

Under the name Coco Beach Golf & Country Club, the club listed assets of $9.23 million and liabilities of $78.07 million.

Read more from CNBC.

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