Posted on 10/06/2023 3:12:08 PM PDT by packagingguy
A New York appeals court judge on Friday rejected Donald Trump’s attempt to stop the ongoing $250 million civil fraud trial, but temporarily halted the process of breaking up his businesses.
Associate Justice Peter Moulton issued the ruling after a brief hearing Friday afternoon.
Trump asked the appeals court to put the civil fraud trial on hold pending the appeal of Judge Arthur Engoron’s surprise summary judgment order last week that said the former president is liable for fraud. Trump also asked to put the underlying ruling itself on hold, saying it will cause “severe and irreparable harm not only to Appellants but to innocent nonparties and employees who depend on the affected entities for their livelihoods.”
New York Supreme Court Judge Engoron last week ruled that Trump and his co-defendants committed “persistent and repeated fraud,” and must cancel business certificates for many Trump entities,
The “Supreme Court clearly does not comprehend the scope of the chaos its decision has wrought,” Trump’s lawyers wrote.
“Terminating non-party business licenses without jurisdiction, without process, without statutory authority, without trial, and without reason renders impossible the lawful operation of multiple businesses and threatens termination of hundreds of New York employees without any jurisdiction or due process,” the filing states.
“We’re not seeking delay. We’re not seeking anything but a fair trial and these errors permeate the ongoing trial,” Trump attorney Christopher Kise said in court Friday, referring to “an avalanche of errors” in the summary judgment ruling.
(Excerpt) Read more at yahoo.com ...
It looks like this is back firing on the judge...I hope I’m reading it right.
On a thread a few days ago I said it was likely to be stopped. Glad it got stopped by the NY appeals court and didn’t have to go up to federal court. If he is found guilty of some kind of accounting gimmickry, that is not a reason to strip him of his property. And taking his property before he has a chance to appeal the entire ruling is extremely prejudicial and damaging... and sets a bad precedent. I imagine he will appeal this trial courts ruling whenever it gets finished.
Imagine, you tell the bank that your home is worth $300,000 and then some judge says “no, it’s only worth $225,000 so we’re taking your house”. Ridiculous.
Thank God.
Before the judge made a summary judgement on Trump, I read this trial could take around 3 months (October to December 2023). This judge now ordered Trump to name receivers of his New York business before the end of the first month of the trial. Why is the judge in such a hurry to dismantle Trump’s business so soon even before the trial ends and before Trump files to appeal the case? I’m glad the appellate court ruled against the judge.
MOST accounting is simple MATH-—ADDING & SUBTRACTING.
Very little room for manipulation.
The MILLIONS of pages of TAX CODE needs to be simplified.
TOO MUCH ROOM FOR ARGUMENTS
Because once others start escrows to BUY Trump holdings, it gets VERY COMPLICATED.
What Trump’s lawyers need to do to shut this down is list every property in NYC that has a commercial real estate valuation over $100 million. Then list the readily available tax valuations.
Leticia James and Engoron could collapse the entire market.
NY appeals court and didn’t have to go up to federal court
The NY Court of Appeals in NY is the highest court in the state. The misnamed Supreme Court in NY is the state district court system.
He cannot appeal to a federal court unless their is a federal issue which does not exist here.
As long as they keep him under indictment they are getting what they really want.
The law should not be used this way. It is total politicization of our legal system.
YOUR property is worth whatever a QUALIFIED BUYER will pay for it.
Sounds like you’ve not heard of GAAP.
Not accurate.
In general, an asset is worth what a willing buyer will pay, and willing seller will accept.
What more obvious and blatant corrupt banana republic mob tactic is there than stripping a citizen of the money he earned in the private sector before running for office?
I think the judge wants President Trump's planes.
Stop the rallies.
And after the years of investigations and millions of dollars spent this is all they got.
This is all they got on the man. NOTHING!
The only federal issue would be the state of his properties outside of NYS. And you are correct about the structure of NY courts. Supreme Court in NY is trial Court. The ruling today was made in the Appellate Division of NY Supreme Court.
Hopefully the damages to date are minimal but I’m sure it gives pause to new contracts and workers will be looking at options. If Trump wins, how does he recoup damages?
“If Trump wins, how does he recoup damages.”
The process is the punishment.
L
Why is the judge in such a hurry to dismantle Trump’s business so soon even before the trial ends and before Trump files to appeal the case?To get the headlines. It's all about 2024.
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