Bloomberg Law
May 17, 2019, 7:01 PM

Mnuchin Wins Almost $220,000 in Private-Jet Company Lawsuit

Saleha  Mohsin
Saleha Mohsin
Bloomberg News
Joe Light
Joe Light
Bloomberg News

Treasury Secretary Steven Mnuchin won more than $200,000 in a lawsuit against a private-jet company after he claimed the company broke an agreement to reimburse him after he terminated his membership.

The judgment issued May 14 orders JetCard Plus Inc. of Miami to pay $219,692 to Steven T. Mnuchin Inc., which the Treasury chief owns. JetCard sold members prepaid hours to fly on its jets.

Mnuchin in September signed an agreement with JetCard that would terminate his company’s membership and JetCard would wire his company $202,668 by Oct. 1. Attorneys for Mnuchin’s company, who work for Holland & Knight LLP, ...

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