The Donald Trump fraud trial in New York filed by Letitia James has all but concluded.
While there are still closing arguments to be heard, the court has recessed until mid-January.
After the Defense closed its case, backroom meetings with attorneys from both sides with Judge Engoron led many legal experts to speculate a deal of some kind was in the works.
Trump, even with a gag order in place, went ballistic on Truth Social over the case, posting, “HE RULED THAT I WAS A FRAUD BEFORE HE EVEN SAW THE CASE, THEN TRIED TO GET ME TO SETTLE. A TOTAL HIT JOB.”
As you can see, a deal is not something that Trump is willing to consider. But Trump was not quite done yet.
Trump stated, “They’ve got nothing other than a corrupt Attorney General, who ran on ‘I will get TRUMP,’ and a Trump Hating Radical Left Judge, who may be crazy.”
Prior to the trial starting, without hearing any arguments from the Defense, Engoron issued a partial judgment summary that some fraud had occurred, ordering Trump’s business license in New York to be revoked as well as ordering the liquidation of assets.
That order was put on hold via an appeal, which stated the order could not go into effect until the conclusion of this trial.
Most of us expect Engoron to rule against Trump, which means this case will go to immediate appeal, possibly being taken all the way to the Supreme Court if Trump is unable to get satisfaction in the lower courts.
It is tough to imagine that Trump will not get some relief on appeal, at some level, when you consider how low the valuations were that were used by James' office. At the very least, I would suspect he will be able to keep his business license and just face some fines, but surely not of the magnitude that James is currently asking.
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