In late September, RedState reported on a major move in the New York case against former President Donald Trump, with a judge issuing a ruling against Trump, and his family's businesses and their value.
(see Judge Finds Former President Trump Engaged in Fraud; Orders Trump Organization Dissolved)
Streiff wrote:
A New York court ruled Tuesday that former president Donald Trump had committed fraud for years to build his fortune. New York Judge Arthur Engoron, ruling in a civil case brought by New York Attorney General Letitia James, found that Trump and his company defrauded insurers, banks, and other business partners by massively overstating the value of his assets and net worth. Trump, Engoron ruled, had gone far beyond mere puffery and used fake values to get lower loan and insurance rates. The 35-page decision found that just as the former president had been somewhat parsimonious with the truth in his dealings with business partners, he and his legal team had actively obstructed the lawsuit and tried to prevent the special master appointed to monitor Trump Organization operations from doing their job.
This ruling comes just days before the trial begins and is in response to both Trump and James seeking summary judgment on the facts. When the bench trial starts, Judge Engoron will focus on deciding how much of the $250 million in restitution James has demanded Trump will have to pay.
In addition to the findings of fact, Engoron imposed a $7,500 fine on each of five members of Trump's legal team "to impress upon defendants’ attorneys the consequences of engaging in repetitive, frivolous motion practice after this court, affirmed by the appellate division, expressly warned them against doing so." He also revoked the business licenses of some of Trump's companies and ordered a receiver appointed to oversee the dissolution of those companies. Among those companies is Trump's flagship Trump Organization.
Unsurprisingly, Donald Trump made public comments on the judge's decision, as my colleague Jennifer Oliver O'Connell wrote Monday, calling the proceedings in NY "disgraceful," and personally lashing out at Engoron. He said, in part:
This is a judge who should be disbarred. This is a judge who should be out of office. This is a judge who should be charged criminally.
Thursday, there was an update to Judge Engoron's prior motion on the Trump business assets:
Judge Arthur Engoron issued an order prohibiting former President Donald Trump from transfering [sic] his assets without informing a court monitor on Thursday.
Engoron's supplemental order states that Trump and the other defendants must disclose all of the entities they own and declare in advance "any anticipated transfer of assets or liabilities to any other entities."
During Trump's social media rant, he also made remarks about one of the judge's clerks; Engoron made a ruling imposing a partial gag order on him:
He also issued a partial gag order on Trump, prohibiting him from discussing court staff on social media.
The order, like the one last week, doesn't just apply to the former president:
In addition to Trump, the order applies to Donald Trump Jr., Eric Trump, former chief financial officer of the Trump Organization, Allen Weisselberg, and Trump Organization controller Jeffrey McConney. The group has until OCtober 26 to hand over the information to former federal judge Barbara Jones, the monitor who is already overseeing the Trump Organization's finances.
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