Court rejects Donald Trump’s bid to delay trial in wake of fraud ruling that threatens his business

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

An appeals court has rejected Donald Trump’s bid to delay a civil trial in a lawsuit brought by New York’s attorney general

Former President Donald Trump speaks in Clinton Township, Mich., Wednesday, Sept. 27, 2023. NEW YORK — — An appeals court Thursday rejected Donald Trump’s bid to delay a civil trial in a lawsuit brought by New York’s attorney general, allowing the case to proceed days after a judge ruled the former president committed years of fraud and stripped him of some companies as punishment.

The decision, by the state’s intermediate appellate court, clears the way for Judge Arthur Engoron to preside over a non-jury trial starting Oct. 2 in Manhattan in New York Attorney General Letitia James’ civil lawsuit. Trump is listed among dozens of possible witnesses, setting up a potential courtroom showdown with the judge. The fraud ruling Tuesday threatens to upend his real estate empire and force him to give up prized New York properties such as Trump Tower, a Wall Street office building, golf courses and a suburban estate.

Trump has denied wrongdoing, arguing that some of his assets are worth far more than what’s listed on annual financial statements that Engoron said he used to secure loans and make deals. Trump has argued that the statements have disclaimers that absolve him of liability. His lawyers have said they would appeal.

Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

 

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:

 /  🏆 247. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Donald Trump and his company 'repeatedly' violated fraud law, New York judge rules'The documents here clearly contain fraudulent valuations that defendants used in business,' Judge Engoron wrote in his ruling, ordering Trump's New York business certificates canceled.
Source: CBSNews - 🏆 87. / 68 Read more »