"New York Appeals Court Temporarily Halts Trump Business Breakup Amidst Fraud Trial"

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Source: Reuters
"New York Appeals Court Temporarily Halts Trump Business Breakup Amidst Fraud Trial"
Photo: Reuters
TL;DR Summary

A New York state appeals court has temporarily halted the dissolution of some of Donald Trump's key properties, including Trump Tower and 40 Wall Street, as it considers his appeal in a civil fraud case. The court's decision does not indicate how it will ultimately rule on the appeal, which could take over a year. The court also rejected Trump's request to delay a trial that began last week to determine the penalties he and his companies must pay for allegedly inflating his net worth. The trial, brought by New York Attorney General Letitia James, is expected to continue until mid-December. Trump, who denies any wrongdoing, has said he will testify.

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