Among other penalties, the judge put strict limitations on the ability of Trump’s company, the Trump Organization, to do business. Messages seeking comment were left with the New York attorney general’s office and a spokesperson for the state’s court system.Įngoron found that Trump, his company and top executives, including his sons Eric and Donald Trump Jr., schemed for years to deceive banks and insurers by inflating his wealth on financial statements used to secure loans and make deals. In a statement issued through a spokesperson, Trump lawyer Alina Habba addressed only the appeal itself, saying: “We trust that the Appellate Division will overturn this egregious fine and take the necessary steps to restore the public faith in New York’s legal system.” His lawyers did not immediately respond to a reporter’s questions Monday asking if he had posted a bond or if he was in the process of securing one. There was no indication on the court docket Monday that Trump had already posted an appeal bond or asked for a stay. Trump’s lawyers could also ask the appeals court to grant a stay without obtaining a bond or with a bond for a lower amount. Trump would receive an automatic stay if he puts up money, assets or an appeal bond covering what he owes. The Republican presidential front-runner has until March 25 to secure a stay, a legal mechanism pausing collection while he appeals. Trump wasn't required to pay his penalty or post a bond in order to appeal, and appealing won’t automatically halt enforcement of the judgment. Trump's lawyers will have an opportunity to expand on their grievances in subsequent court filings. A notice of appeal starts the appeals process in New York. Trump’s lawyers wrote in court papers that they're asking the appeals court to decide whether Engoron “committed errors of law and/or fact” and whether he abused his discretion or “acted in excess” of his jurisdiction. 16 verdict in Attorney General Letitia James’ lawsuit and reverse staggering penalties that threaten to wipe out Trump’s cash reserves. The former president’s lawyers filed notices of appeal Monday asking the state’s mid-level appeals court to overturn Judge Arthur Engoron’s Feb. NEW YORK - NEW YORK (AP) - Donald Trump has appealed his $454 million New York civil fraud judgment, challenging a judge’s finding that he lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency.
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