The appeals court ruling comes days after a judge found Trump defrauded lenders by falsely inflating the value of his assets.
Topline
A sweeping lawsuit accusing former President Donald Trump of exaggerating his net worth by billions of dollars will go to trial in New York on Monday, an appeals court ruled Thursday, striking down Trump’s attempt to delay the trial just two days after a judge ruled that he defrauded lenders and ordered the dissolution of his New York-based businesses.Key Facts
New York Attorney General Letitia James’ civil fraud case against Trump will go to trial on Monday, as scheduled, the state’s appellate court ruled Thursday.
The decision comes after Judge Arthur Engoron, who will preside over the trial, issued a partial judgment in the case Tuesday that validated a key component of James’ lawsuit: that Trump defrauded lenders by overinflating the value of his assets and overall net worth.
Engoron’s order canceled business certificates for some of Trump’s New York-based companies and ordered a receiver to dissolve them.
The non-jury trial will address six other claims in the lawsuit — including conspiracy, falsifying business records and insurance fraud — and determine the outcome of additional penalties James’ office requested, including $250 million in damages, prohibiting Trump from engaging in commercial real estate acquisitions for five years and barring him and his children from serving as officers or directors in any New York business.
