Just an update on Appeal - rejected....
NY - $250m lawsuit New York vs. Donald J. Trump, Ivanka Trump, Donald Trump, Jr. & Eric Trump & the Trump Organization, Inc. (Allen Weisselberg & Jeffrey McConney) that was allegedly obtained through fraudulent means.
Judge Arthur F. Engoron. NY State Attorney General Leticia James & senior enforcement counsel Kevin Wallace, Defense attorneys Christopher Kise & Jesus Suarez & Alina Habba for Trump, Weisselberg & the rest of the defendants for Trump Org. & Clifford Robert of Robert & Robert PLLC for Donald, Jr. & Eric. New York Supreme Court (Manhattan) #452564-2022
Thursday, 4/4/24 - A New York appeals court ruled Trump must pay $175 million bond to satisfy the civil fraud judgement within 10 days [counting 3/25/24-approx. 4/4/24], pending appeal, instead of the full $464,576,230.62 million judgment on his fraud case which was due today, just hours before New York’s attorney general could legally begin the long, slow process of seizing his assets. [to stay disgorgement to the Attorney General of $464,576,230.62 pending appeal].
Paid on 4/1/24 – 4/3/24 Update: Documents for Trump's $175 million bond in his New York civil fraud case were rejected by a court because a current financial statement was not included. On Wednesday, a message on the New York State Supreme Court's electronic filing system showed Trump's "Bond/Undertaking" had been "returned for correction." The court has returned the documents listed below for the following reasons. Please include a current financial statement & Power of Attorney. Additionally, please list the name of the Attorney-in-Fact under the signature line on the Undertaking. Please use the "Refile Document" link for Doc. #1707 to resubmit the corrected filing. Thank you & have a great day.
Monday, 4/22/24 @ 10am – Other [action] hearing re bond rejection. Hearing on Knight Specialty Insurance Company (KSIC) & defendants’ motion to justify KSIC as surety on the $175 million undertaking, set aside gov’t notice of exception to surety & award costs incurred by the application. Agreements are made on a Trust account.
6/20/24 Update: Trump is appealing the outcome of the civil fraud case to an intermediate appellate court, with the appeal due to be filed next month. If the appeal fails, Judge Engoron would oversee payment of the financial penalty. He also oversees the monitor he imposed on the Trump Organization to assure the integrity of the company's financial statements, which the trial determined inflated Trump's wealth by as much as $2 billion.
7/24/24 Update: Trump’s legal team filed extensive legal paperwork Monday in his fight against judge Arthur Engoron’s finding that he had tricked banks & insurers by vastly overstating his wealth on financial documents. Not surprisingly, Trump has once again portrayed himself the victim of an “unauthorized, unprecedented power-grab” by Letitia James, the New York attorney general. James, he argues, is trying to penalize Trump for complex, highly successful transactions” with “sophisticated Wall Street banks”. “Trump stands among the most visionary & iconic real estate developers in American history,” they said. “As trial evidence highlighted, banks & lenders vied eagerly for his business. They acknowledged his unique ‘vision’ & unparalleled ‘expertise’ & they recognized that dealing with him would deliver ‘tremendous’ value.” The state attorney general’s office isn’t too worried about his arguments, saying in a statement: “Once again, the defendants are raising arguments that they were already sanctioned & fined for. We won this case based on the facts & the law & we are confident we will prevail on appeal.”
8/21/24 Update: DA Letitia James filed a response to the appeal in the more-than $450M judgement against Trump. In July, trump's lawyers had filed the appeal - saying the judgement was excessive & his habitual exaggerations were business as usual. DA James argued that the judgement was necessary to protect the integrity of the marketplace. She said Trump indisputedly participated in the fraud - that he & his sons had used a variety of deceptive strategies. The appeals court will hear oral arguments on 9/26/24 & its decision could come by year-end.
Thursday, 9/26/24 @ 10am – Oral Argument before Appeals Court.
10/9/24 Update: The NYAG won’t toss Trump’s ~$500 million civil fraud judgment, despite Trump asking for dismissal after he won the presidential election. “The ordinary burdens of civil litigation do not impede the President’s official duties in a way that violates the U.S. Constitution.”
1/5/26 Update: In an unprecedented move, a judge has rejected Trump’s emergency request to halt the seizure of his properties, calling his arguments “frivolous, legally baseless, and an insult to the court.” This decision comes from New York Attorney General Letitia James’ civil fraud case, in which Trump was found liable for inflating property values to secure loans while undervaluing them for taxes. The court ordered Trump to pay over $450 million. Under New York law, he needed to post a bond to pause enforcement during his appeal—but he couldn’t, as financial institutions refused to accept his assets as collateral, citing the court’s ruling that those valuations were fraudulent. Authorities have now begun inventorying & preparing high-profile properties—including 40 Wall Street, Seven Springs & even Trump Tower—for potential seizure. The judge emphasized this isn’t political persecution—this is accountability. Trump had his trial, lost & failed to pay.
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