New York judge won’t delay enforcement of $355M penalties in Trump fraud case

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New York Judge Denies Delay in Enforcement of $355M Penalties in Trump Fraud Case

 

A New York judge has rejected a request from former President Trump's legal team to delay the enforcement of the $354.8 million penalty imposed on Trump in a civil fraud case. Judge Arthur Engoron dismissed the request for a 30-day delay, stating that there was no justification provided for the delay and expressing confidence that appellate rights would be protected.

 

Background:

- The judgement against Trump stemmed from findings that he conspired to manipulate his net worth for tax and insurance benefits.
- Trump Organization executives, including Trump's adult sons, were also ordered to pay millions of dollars in penalties.
- The judgement, which includes interest accruing at over $87,000 per day, was issued last week.

 

Legal Proceedings:

- Trump's legal team sought a delay in enforcement to protect appellate rights and ensure an orderly post-judgment process.
- Judge Engoron rejected the request, noting that the Appellate Division would safeguard appellate rights.
- The formal judgement has been docketed, initiating the payment timeline.

 

Contentions:

- Trump's lawyer argued that the defense was not given the opportunity to submit a proposed counterjudgment, accusing the Attorney General of rushing the process.
- Judge Engoron addressed alleged errors in the proposed judgement, finding one remedied and no evidence supporting the other.
- Trump's legal team expressed concern over potential prejudice without a delay, but the judge maintained the denial.

 

Next Steps:

- The formal judgement allows Trump and co-defendants 30 days to file an appeal from the date of Engoron's decision.

 

Implications:

- The denial of the delay request accelerates the enforcement process, putting pressure on Trump and his co-defendants to comply with the judgement.
- The case highlights ongoing legal challenges faced by Trump and his organization, with potential ramifications for future legal proceedings.

 

24.02.24

Source

 

[Tug]

Good!id bet money there are a lot of vendors and contractors he ripped off that are absolutely delighted to see this fraud finally after all these decades facing consequences for the wreckage he’s left in his wake

[Eric Loh]

I'm really rich': Donald Trump claims 

Then pay up.