Here’s how Donald Trump’s NY fraud ruling impacts his businesses

left even his own lawyers scratching their heads — asking the judge on Wednesday to clarify his decision canceling the former president’s New York business licenses.

Hockett said a common but “unsavory business practice” is for a company to pretend they have more money then they really do in order to help them get an LLC certificate.“What the judge found yesterday is that Trump is effectively doing this,” Hockett told The Post. “He’s been pretending many of these businesses of his are well capitalized and capable of paying their creditors — in effect doing good work that benefits the public and warrants the certifications of limited liability.

Both Florence and veteran real estate lawyer Adam Leitman Bailey believe that will trigger a stay of Engoron’s ruling while the appeal plays out — which could take up to two years to decide. She explained that the Trump Org is like the skeleton and the skin of a person and the individual LLCs are like the organs in a body — with varying degrees of importance.Some would be more like a appendix that one could easily live without, while others would be more like the heart, a vital organ.

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