Current:Home > MyJudge issues interim stay of New York AG's $250M fraud suit against Trump: Sources -Elite Financial Minds
Judge issues interim stay of New York AG's $250M fraud suit against Trump: Sources
View
Date:2025-04-26 08:26:25
A New York appellate judge on Thursday issued an interim stay of the state attorney general's $250 million civil fraud lawsuit against former President Donald Trump that is scheduled to go on trial Oct. 2, sources familiar with the matter tell ABC News.
The judge's order was issued during a previously unscheduled virtual hearing that was not open to the public.
The Appellate Division's First Department will now hear Trump's request to delay the trial.
MORE: New York AG seeks legal sanctions against Trump as part of $250M lawsuit
Responding to the ruling, Attorney General Letitia James said, "We are confident in our case and will be ready for trial."
Whether the trial starts as scheduled next month will depend on how quickly the panel hears the arguments and renders a decision.
Before trial can start, Trump's attorneys said that Judge Arthur Engoron is obliged to decide whether the attorney general's case -- which covers more than a decade of allegedly fraudulent business conduct -- should be narrowed. Trump's legal team has argued some of the real estate transactions are too old to be considered.
Trump's team is now taking the aggressive step of suing Engoron to force him to rule.
Engoron has said the trial would start on Oct. 2 "come hell or high water."
James last year brought the $250 million lawsuit against Trump, his children and his company that accuses them of "grossly" inflating the former president's net worth by billions of dollars and cheating lenders and others with false and misleading financial statements.
Trump has denied all wrongdoing.
veryGood! (8753)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The debt ceiling deadline, German economy, and happy workers
- Dream Kardashian, Stormi Webster and More Kardashian-Jenner Kids Have a Barbie Girls' Day Out
- New report blames airlines for most flight cancellations
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Every Time Margot Robbie Channeled Barbie IRL
- Disney's Q2 earnings: increased profits but a mixed picture
- Mangrove Tree Offspring Travel Through Water Currents. How will Changing Ocean Densities Alter this Process?
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Beauty TikToker Mikayla Nogueira Marries Cody Hawken
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Jesse Palmer Teases Wild Season of Bachelor in Paradise
- Game of Thrones' Kit Harington and Rose Leslie Welcome Baby No. 2
- Influencer Jackie Miller James Is Awake After Coma and Has Been Reunited With Her Baby
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Shop These American-Made Brands This 4th of July Weekend from KitchenAid to Glossier
- Our final thoughts on the influencer industry
- Get Your Skincare Routine Ready for Summer With This $12 Ice Roller That Shoppers Say Feels Amazing
Recommendation
Travis Hunter, the 2
College Acceptance: Check. Paying For It: A Big Question Mark.
Shaun White Deserves a Gold Medal for Helping Girlfriend Nina Dobrev Prepare for New Role
BBC chair quits over links to loans for Boris Johnson — the man who appointed him
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Your Mission: Enjoy These 61 Facts About Tom Cruise
As some families learn the hard way, dementia can take a toll on financial health
In Georgia, Warnock’s Climate Activism Contrasts Sharply with Walker’s Deep Skepticism