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

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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.

 

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