NEW YORK - The fate of Donald Trump’s business empire hangs in the balance after a New York judge stripped control of key properties from the former US president as punishment for
The order did not provide a timeline for the cancellations. Justice Engoron asked the parties to recommend potential receivers within the next 30 days.What does the ruling mean for Trump’s business? Independent receivers could continue to operate the properties as businesses or liquidate them, though Trump would likely be entitled the proceeds of any sale, legal experts say.
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