The appellate court last week rejected the defense’s last-minute effort to delay the trial just days before it began. On Thursday, Trump’s lawyers dropped a lawsuit they filed against E…
File photo: The judge, ruling on the top claim in Letitia James’ lawsuit, found that Donald Trump routinely deceived banks, insurers and others by exaggerating the value of assets on his annual financial statements, which were used in making deals and securing loans.
Taking Trump’s companies “will unquestionably inflict severe and irreparable harm,” not only on Trump and other defendants, but employees and others “who depend on the affected entities for their livelihoods,” Trump’s lawyers argued. The appellate court was to hear oral arguments in the appeal Friday afternoon, hours after the trial wrapped up for the week.
“The defendants can continue to try to delay and stall, but the evidence is clear, and our case is strong. We are confident justice will prevail,” James said. Trump has denied wrongdoing, arguing that some of his assets are worth far more than what’s listed on the statements. As the trial was unfolding this week, Engoron issued an order Thursday setting procedures for enforcing his ruling. He gave both sides until Oct. 26 to submit names of potential receivers and gave Trump and other defendants seven days to provide a court-appointed monitor, retired federal judge Barbara Jones, with a list of all entities covered by the ruling.
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