Trump loses bid to delay trial in wake of fraud ruling that threatens his business

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

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...

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.

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.In New York “these cases take many years to get to trial,” Trump wrote Wednesday in a post on his Truth Social platform that appeared to conflate several of his legal foes.

They filed the lawsuit under a provision known as Article 78, which allows challenges to some judicial decisions, and asked that the trial be postponed until that matter was resolved. Trump’s lawyers, in a letter to the appeals court, said Engoron’s 35-page decision showed he remained intent on defying the appeals court by ignoring the statute of limitations issue. Engoron refused to dismiss any claims and based his fraud ruling partly on stale allegations that should’ve been thrown out, Trump lawyer Clifford Robert wrote.

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:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines