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EveDawg
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Original Post (Thread Starter)
by northlima dawg
northlima dawg
The verdict was just released in NY Civil Fraud trial and it is big-like 350 million


https://iapps.courts.state.ny.us/fb...CJKA2EOIiTRatUAYz6FyeA==&system=prod
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by Swish
Swish
Originally Posted by EveDawg
jc

So, Trump can't do business in NY (or NYC??? idk) for 3 years while on probation. What happens to his existing businesses?

for now, nothing. a few months ago, Trump was ordered to relinquish his businesses in NY, but the recent ruling rescinded that order until a review is completed.
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by PitDAWG
PitDAWG
Originally Posted by EveDawg
jc

So, Trump can't do business in NY (or NYC??? idk) for 3 years while on probation. What happens to his existing businesses?

From my understanding of the situation it will be the court appointed monitor that will be overseeing any major decisions for trump's business in New York....

Instead, the final ruling calls for the Trump Organization to be run essentially by an independent monitor, who was court appointed in 2022, and a new independent compliance director.

The ruling extended the monitor’s role “for no less than three years.”

That new governance structure is the reason Judge Engoron cited for not cancelling the Trumps’ business certificates. “(A)s going forward there will be two-tiered oversight, (by) an Independent Monitor and an Independent Director of Compliance, of the major activities that could lead to fraud, cancellation of the business licenses is no longer necessary,” he wrote in the ruling.

https://www.cnn.com/2024/02/17/economy/donald-trump-trial-ruling-business/index.html

It's not his business that can't carry on in new York. It's that neither him, Don Jr. nor Eric can be involved in the business.
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by northlima dawg
northlima dawg
Originally Posted by EveDawg
jc

So, Trump can't do business in NY (or NYC??? idk) for 3 years while on probation. What happens to his existing businesses?

Barbara Jones-Former organized crime/corruption prosecutor and former judge for the Southern District is now running the business.
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