James is seeking $250 million in penalties and the removal of Trump and his sons from management of the family empire, the Trump Organization.Engoron's initial decision puts in jeopardy Trump's control over not just the iconic Trump Tower, but other restaurants and boutiques, as well as high-end commercial property.
"The overseer can now manage the properties, basically Trump and his organization will not be allowed to manage these properties anymore," he said.The ex-president's lawyers immediately announced their appeal, with Trump's camp accusing Engoron of trying to"nationalize one of the most successful corporate empires in the United States and seize control of private property.
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