Former President Donald Trump suffered a setback on Thursday as his attempt to delay a New York court ruling was unsuccessful. The court ruling orders him to pay a hefty sum of $355 million and also imposes a three-year ban on him from conducting any business activities in the state.
Manhattan Supreme Court Justice Arthur Engoron rejected the request of Trump’s attorneys to delay the judgment in the civil fraud case against the former president, the Trump Organization, and other parties. According to Justice Engoron, the attorneys failed to provide a compelling reason for the delay.
In an email sent on Thursday, Judge Engoron expressed his dissatisfaction with the lack of explanation or justification for a stay. He firmly believes that the Appellate Division will ensure the protection of the party’s appellate rights.
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On Tuesday, the office of New York Attorney General Letitia James, who led the case against the real estate tycoon, submitted a proposed judgment order to the court. This submission was in response to Engoron’s ruling on Friday.
In response, Clifford Robert, the lawyer representing Trump, argued on Wednesday that the Attorney General’s Office failed to adhere to the correct court procedure and made mistakes in the proposed judgment.
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In addition, he emphasized the importance of allowing the defense side ample time to submit a “proposed counter-judgment.”
The judgment was signed by Engoron on Thursday.
After the court clerk approves it, Trump and his co-defendants, which include his two eldest sons Eric and Donald Trump Jr., will be given a 30-day period to file an appeal.
The Trump administration has expressed their intention to challenge Engoron’s ruling.
The 2024 GOP presidential frontrunner, who has consistently maintained his innocence and criticized the case as a politically-motivated “witch hunt,” must provide $355 million, along with 9% interest, as collateral in order to make a persuasive appeal.
James has made it clear that if Trump fails to provide the money he has been instructed to pay, she is prepared to take possession of his assets, including some of his most valuable properties in New York City, in order to cover the expenses.