Judge fines Donald Trump more than $360 million, bars him from running businesses in N.Y. for three years
Judge fines Donald Trump more than $360 million, bars him from running businesses in N.Y. for three years
The former president denied any wrongdoing, calling the case "a fraud on me."
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Considering that business was basically run by his children for a while it's extremely disappointing to see them excluded from the judgement.
Both boys have to pay $4m and can’t run NY businesses for 3 years. Not nothing - although I did not see anything about Ivanka.
They're also "jointly and severally liable" for the major amounts of cash, I have no idea what that means though.
It means they can pay jointly, but each is liable for the whole amount.
As in, if Trump claims to be broke, either son could be forced to pay whatever is outstanding, they can't limit their liability to one third.
Sounds like a perfect excuse for them to all fuck around and endlessly point the finger at one another and whine about things not being fair.
So (assuming non payment, which seems reasonable), the winning side can just start putting liens on property and freezing bank accounts as they see fit among the liable people, up to the judgment amount?
Not really, kind of the opposite actually. As in there's no fucking around because the judge already said each of them can be forced to cough it all up.
If they don't pay on time then yes, the court can take liens on whichever assets are the easiest to get at.
Seems to me that the news coverage of this is mostly misleading.
Thanks.
Ah, I should read better - thanks!
Ivanka a defendant, she testified but that's it.
One, the kids are also barred for a period of time.
Two, the big kicker is:
He also continued "the appointment of an Independent Monitor" and ordered "the installation of an Independent Director of Compliance" for the company
There is going to be eyes and ears on everything Trump attempts to do to weasel money around, especially given how often Trump shifts funds illegally to maintain his grift. That monitor is absolutely going to be dragging Trump back into court sooner or later. The man knows no restraint, he's absolutely going to FAFO.
Eric and Don Jr. each got a 2-year ban, it looks like.
https://www.cnbc.com/2024/02/16/trump-fraud-trial-judge-engoron-verdict-ny-ag-business-case.html