Here’s what happened.
A longtime ally of President Donald Trump has suffered a major financial setback after losing a lucrative contract worth more than $50 million, just days after the president publicly criticized the controversial business arrangement.
Alina Habba Mildon, Trump’s former personal attorney and a prominent figure in his political and legal circles, was reportedly terminated from her position with Concord Partners, a Florida-based company connected to the family of a Venezuelan billionaire.
The unexpected development has attracted attention because of the enormous amount of money involved, Trump’s unusually sharp criticism, and questions surrounding a presidential pardon granted earlier this year.
Despite losing the multimillion-dollar agreement, Habba Mildon is reportedly keeping approximately $14.5 million she already received.
Trump Ally Loses Massive $50 Million Contract
According to reporting from The New York Times, Concord Partners terminated Habba Mildon’s contract in a letter dated November 4, 2026.
The company cited a failure to fulfill her professional responsibilities as the reason for ending the arrangement.
Habba Mildon had been hired to serve as general counsel under a four-year agreement guaranteeing more than $50 million in compensation.
The contract reportedly included an annual salary of $10 million, along with bonuses and additional payments.
Those extraordinary figures made the agreement a subject of considerable public attention, particularly because Habba Mildon had also held influential positions within the federal government.
Although the contract has now been terminated, the former Trump attorney is expected to retain an $8 million signing bonus and approximately $6.5 million in additional payments already received.
That means she could walk away with roughly $14.5 million despite losing the remaining financial benefits of the agreement.
A person familiar with her position reportedly indicated that she was considering taking legal action over the termination.
President Trump Strongly Condemned The Deal
One of the most surprising aspects of the controversy was Trump’s public reaction to the enormous contract.
Rather than defending his former attorney, the president openly expressed frustration with the financial arrangement.
Speaking with reporters at his Mar-a-Lago estate on October 31, Trump described the agreement as “totally obnoxious and outrageous.”
He also made clear that he did not believe Habba Mildon should receive the enormous payments.
Trump reportedly encouraged individuals connected to Concord Partners to stop paying his former attorney.
His criticism came after details of the agreement became public and raised questions about why such a substantial amount of money had been promised.
The president’s comments were particularly notable given Habba Mildon’s longstanding association with him.
She previously represented Trump during several major legal disputes and became one of his most recognizable legal defenders.
However, the latest controversy demonstrates that even a close professional relationship with the president does not guarantee his support when questions arise over financial arrangements.
While Trump’s criticism preceded the contract’s termination, Concord Partners cited alleged performance issues as its official reason for ending the deal.
Presidential Pardon Raises Additional Questions
The controversy has attracted further scrutiny because of the family connected to Concord Partners.
Isabela Herrera, whose father is Venezuelan banker Julio Herrera Velutini, founded the company.
Herrera Velutini had previously faced federal bribery charges involving an alleged political corruption scheme in Puerto Rico.
In August 2025, he reached a plea agreement involving a misdemeanor campaign finance violation.
Reports indicate that Habba Mildon entered into a contract with Concord Partners in October 2025, during her tenure as New Jersey’s acting U.S. attorney.
She began working for the company on January 1, 2026, after transitioning into a senior advisory position at the Justice Department.
Then, on January 15, President Trump granted Herrera Velutini a full and unconditional presidential pardon.
The timing of these events prompted questions about whether the lucrative legal contract had any connection to the pardon.
However, Habba Mildon has strongly denied participating in efforts to secure presidential clemency for Herrera Velutini.
She has maintained that her work arrangement was properly disclosed and reviewed through the Justice Department.
She has also denied receiving compensation for obtaining a pardon or conducting any work intended to influence the president’s clemency decision.
The reported timing of the events has generated scrutiny, but it does not establish that an improper exchange took place.
Alina Habba’s Political And Legal Career Faces New Scrutiny
Habba Mildon became a nationally recognized figure through her work representing Donald Trump during several high-profile legal battles.
Her frequent television appearances and outspoken legal commentary made her a familiar presence in political news coverage.
Following Trump’s return to the White House, she entered federal service and assumed the position of acting U.S. attorney for New Jersey.
However, her tenure became the subject of a legal dispute over the legality of her appointment.
A federal appeals court ultimately ruled that she had been serving unlawfully in the position.
She resigned from the role in December 2025 and moved into a senior advisory position at the Justice Department.
Her subsequent employment with Concord Partners placed her in another high-profile controversy, this time involving private compensation and questions about potential conflicts of interest.
The cancellation of her contract now adds another significant development to her professional career.
Why The Financial Agreement Attracted So Much Attention
The reported $50 million agreement stands out because of both its size and the circumstances surrounding it.
A contract providing $10 million annually, plus additional compensation, represents an extraordinary financial commitment.
The arrangement became especially controversial because Habba Mildon had recently occupied a prominent federal law enforcement position and continued serving in a government advisory capacity when she began working for the company.
That overlap raises broader questions about how government officials balance public responsibilities with private employment opportunities.
Federal ethics rules place restrictions on certain outside activities and conflicts of interest, although the specific requirements depend on an individual’s government position and employment classification.
Habba Mildon has maintained that her employment was properly disclosed.
The company, meanwhile, has attributed the termination to alleged shortcomings in her professional performance.
Those differing accounts could become important if the former Trump attorney pursues litigation over the canceled contract.
What Happens Next For Trump’s Former Attorney?
The immediate financial consequences of the termination are substantial.
Habba Mildon has reportedly lost the opportunity to collect the remaining payments associated with a contract worth more than $50 million.
However, the approximately $14.5 million she already received remains a significant sum.
Whether she can recover additional compensation may depend on the contract’s specific provisions and any legal proceedings that follow.
For now, there has been no reported court ruling determining whether Concord Partners was legally justified in terminating the agreement.
The situation also leaves unanswered questions about the company’s expectations, the services Habba Mildon was supposed to provide, and whether the former attorney will formally challenge her dismissal.
Meanwhile, Trump’s public criticism continues to be one of the most striking elements of the dispute.
The president made clear that he considered the agreement excessive, despite Habba Mildon’s previous role as one of his most visible legal representatives.
The controversy underscores the importance of transparency and accountability when lucrative private business arrangements involve people with close connections to government officials.
As the matter continues to develop, further disclosures or legal action could provide more information about why the contract was terminated and whether additional compensation remains in dispute.
For now, one of Trump’s best-known former legal allies has lost a multimillion-dollar business opportunity, and the president’s own public objections have become a central part of the story.