Posted on 09/26/2024 4:26:10 PM PDT by PJ-Comix
Appeals court judges appeared to question the legitimacy of the civil fraud case against Donald Trump as the former president urged the court Thursday to overturn a judgment against him that has ballooned, with interest, to more than $478 million.
In February, a Manhattan trial judge found that Trump and other defendants — including his adult sons, Don Jr. and Eric, along with several business associates — fraudulently inflated his net worth and the value of his real estate properties to obtain favorable rates from banks and insurers.
The nearly half-billion-dollar penalty ordered by the trial judge initially threatened to trigger a financial crisis for Trump. But a New York appeals court sharply reduced the amount of the bond he had to post to avoid immediate enforcement of the verdict. Trump is now asking that same court to toss out the verdict entirely.
During oral arguments on Thursday, some members of the five-judge appeals court panel suggested that New York Attorney General Tish James had overstepped by using the particular New York fraud statute she used to bring the case against Trump. As soon as Deputy Solicitor General Judith Vale, arguing for James, began her opening remarks, she was cut off by Associate Justice David Friedman, who questioned whether her office had ever before used the statute “to upset a private business transaction that was between equally sophisticated partners.”
(Excerpt) Read more at politico.com ...
Lawyers should have brought this months ago.
That picture was funny lol.
“The justices’ questions echoed one of Trump’s central lines of defense: He has argued that no one was harmed by the inflated valuations.”
The values were not inflated; rather, they were deflated by the looney trial judge. With that said, overturning a trial court judgment on legal issues is much easier than overturning on factual issues.
Nice thought; let’s hope it’s true.
Nice thought; let’s hope it’s true.
Even if the transactions at issue in the Trump case “went down fine,” Moulton said, similar fraudulent conduct in the future “might not go down well, and someone would be harmed by that.”
That is the same kind of argument Kamala makes against gun ownership when she is not claiming she is a gun owner. It's also the kind of argument ISO-9001 auditors make. Something might happen.
So Who Decides, and under What Pretense, do you decide to prosecute?
The Justices know that if they uphold this cockamamie verdict the whooshing sound you hear will be the sound of billionaires and millionaires leaving New York.
Wow!!
What’s it like in 1960 where you live? :)
Why is that in court cases I follow involving finance, that 80 percent of the time it’s some white jerkoff attorney in charge that screws our capitalistic economy?
Let’s see what happens first. You might be pleasantly surprised
Some people are saying they will not vote for Trump because he is a “convicted felon“. In addition to trying to destroy him financially, and keep him off of the campaign trail, his having this title is also part of the lawfare used against him. It’s all election interference.
From YOUR lips to GOD’S EARS!!
Democrats get their ass kicked again.
Depends on whether the judges are legitimate or Democrat stooges.
If my dog’s mouth was the same color as Engoron’s, I would take him to the vet.
Welllllll....it IS New York!
Doc Brown of Back to the Future fame, could play him in the movie. He had the same hairdo.
Not to mention the disadvantages of wasted time and energy the Trump campaign has endured by having to respond to these gratuitous attacks.
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