Judge intervenes to save Trump’s companies, but fraud trial continues.
Good News and Bad News for Trump: Judge Saves Companies, But Fraud Trial Continues
In a pair of decisions from an appellate judge in New York, former President Donald Trump and his legal team received both good news and bad news on Friday.
New York appeals court Associate Justice Peter Moulton issued a temporary stay that halted the breakup of a number of Trump-owned businesses, but refused to throw out the fraud trial that had brought that decision about in the first place.
This temporary stay, however, will only prevent the dissolution of much of Trump’s business empire for a maximum of one month.
Trump’s legal team argued that breaking up the businesses should be postponed because if Trump were to win an appeal against Judge Arthur Engoron’s decision, it would be too late to reverse the actions taken.
Trump’s team hopes to see at least some parts of Engoron’s ruling reversed on appeal.
They also hope that some or even most of New York Attorney General Letitia James’ case against Trump could be dismissed due to an appeals court ruling from June that suggests many of her accusations were filed after the statute of limitations had expired.
One of Trump’s attorneys, Christoper Kise, passionately argued that taking action against the companies before the final decisions are made could harm over 1,000 current employees.
“Engoron had ordered Trump to propose potential receivers by October 26, which would begin the process of dissolution,” CNN reported.
“[Engoron] clearly does not comprehend the scope of the chaos its decision has wrought,” Trump’s legal team argued in a court filing before Moulton’s decision.
Some of the private homes occupied by Trump and other defendants are actually owned by limited liability corporations that could be affected by Engoron’s ruling, putting them at risk of being sold.
Trump’s team had also tried to delay the trial overall, but Moulton declined to intervene on that count.
The plaintiffs claimed that Trump’s attorneys had been unable “to point to any purported irreparable harm from proceeding with a trial that has already begun.” Apparently, Moulton agreed.
James’ team argued that delays in this trial could cause conflicts with other pending cases against Trump, making scheduling problematic.
“If the trial here is delayed at all, there is a significant risk that defendants will request further delays of trial based on the deadlines in these other cases. Indeed, defendants already appear to be attempting to play one court against the other,” the motion read.
They also claimed that they had offered to enter into an agreement with Trump’s legal team to delay enforcement of the order canceling the business certificates for many of Trump’s businesses, but that Trump’s team had refused to discuss it with them.
Another factor against any trial delay, James’ team argued, were all the special arrangements the court had to make due to the high profile of the proceedings.
The attorney general’s office noted “special security arrangements outside and inside the courthouse, many additional security and other court personnel to conduct those security arrangements, and special arrangements to ensure access for the press and public,” among the accommodations the court had already made.
Source: Judge Swoops in Last Second to Save Trump’s Companies, But Doesn’t Stop Fraud Trial
What potential consequences did the argument emphasize in relation to breaking up the businesses?
Stated in their argument. They emphasized the potential consequences of breaking up the businesses, including the loss of jobs and disruption to the employees.
While the temporary stay provides some relief for Trump, the fraud trial against him will still continue. This trial is a result of the investigation led by New York Attorney General Letitia James into Trump’s business practices.
Trump’s legal team remains hopeful that they can reverse some of the rulings made by Judge Engoron through the appeals process. They particularly aim to challenge the accusations made by James, as they believe that some of the claims were filed after the statute of limitations had expired.
In their argument, Trump’s attorney Christopher Kise passionately defended the need to postpone any actions against the businesses until the final decisions are made. He acknowledged the potential harm it could cause to the employees and highlighted the responsibility to prioritize their well-being.
Judge Moulton’s temporary stay provides a brief period of respite for Trump’s businesses, but it is important to note that this stay will only last for a maximum of one month. This means that Trump’s legal team will need to act swiftly to present their appeals and arguments to the appellate court.
The ongoing fraud trial against Trump continues to generate significant public interest and attention. The outcome of this trial could have far-reaching implications for Trump’s business empire and his political future.
Overall, the decisions made by Judge Moulton provide both good news and bad news for Trump. While the temporary stay temporarily saves Trump’s businesses from dissolution, it does not dismiss the fraud trial against him. Trump’s legal team will continue to fight for a favorable outcome through the appeals process, aiming to reverse the decisions made by Judge Engoron and potentially dismiss some of the accusations made by Attorney General Letitia James. The coming weeks will be crucial in determining the future of Trump’s businesses and his legal battles.
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