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February 29, 2024

Appeals Court Says Trump and Sons Can Run Businesses

You win some, you lose some… that is what happened to Donald Trump in appeals court this week.

Trump appealed the decision in the New York fraud case this week, and he managed to come out with one win.

While he lost the request to delay payment (he has 30 days from the judgment to make good), he did win the request that would allow him and his sons to continue running the Trump Organization.

You Get One

During the fraud trial, Judge Engoron ruled that Trump’s business license would be suspended for three years, removing him and his two sons, Eric and Donald Jr., from being able to run the day-to-day activities.

Trump was also hit with a judgment of more than $430 million when taxes and fees were added in.

Appeal or not, Trump has 30 days to pay that judgment in full or secure a bond, or he could lose his right to appeal.

Obviously, Trump wanted to stall the judgment payment, which is now accruing interest and fees for every day it goes unpaid to the tune of about $100,000 per day.

Since Trump lost that part of the judgment, it has been announced that he is looking to get a bond for the money to satisfy the judgment.

However, he can take solace that a stranger will not be running his business, as the appeals court ruled that Trump and his sons can continue to run the business while the appeals process plays out.

New York Attorney General Letitia James has until March 11 to submit her brief, then Trump will have until March 18 to submit his brief.

James may have her brief in early, but there is no way Trump will submit his until the last possible second.

He is pushing to delay the final verdicts in all of these cases until after the 2024 election has taken place, so expect him to drag all of this out.

If Trump is president by the time he's supposed to be facing consequences, there might not be many consequences at all.

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