FILE - The Trump International Hotel and Tower is seen looking north on Wabash Ave. in Chicago's famed Loop, on Sept. 17, 2014. A Manhattan judge said Thursday, Nov. 3, 2022, that he will appoint an independent monitor for former President Donald Trumps real estate empire, restricting his company's ability to freely make deals, sell assets and change its corporate structure.
James, a Democrat, is seeking $250 million and a permanent ban on Trump, a Republican, doing business in the state. “Today’s decision sets a dangerous precedent for government interference in private enterprise and is an obvious attempt to influence the outcome of the upcoming election,” the Trump Organization said in a statement, calling the move “more political persecution by Letitia James.”
“The Trump Organization has a persistent record of not complying with existing court orders,” Wallace said. “It should not be incumbent on the court or the attorney general to spend the next year looking over their shoulder, making sure assets aren’t sold or the company restructured.”
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