Judge says he'll appoint monitor for Donald Trump's company

  • 📰 TucsonStar
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The appointment will restrict Trump's company’s ability to freely make deals, sell assets and change its corporate structure.

NEW YORK — A Manhattan judge said Thursday he will appoint an independent monitor for former President Donald Trump’s real estate empire, restricting his company's ability to freely make deals, sell assets and change its corporate structure.

James' office says the Trump Organization is continuing to engage in fraud and has taken steps to dodge potential penalties from the lawsuit, such as incorporating a new entity in Delaware named Trump Organization LLC — almost identical to the original company’s name — in September, just before the lawsuit was filed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 339. in BUSİNESS

Business Business Latest News, Business Business Headlines