Trump loses bid to stay New York contempt of court order and avoid $10K daily fine

Former U.S. President Donald Trump speaks at a rally at The Farm at 95 on April 9, 2022 in Selma, North Carolina.
Allison Joyce | Getty Images

Former President Donald Trump on Tuesday lost an effort at an appeals court to stay a contempt order from a New York judge, and as a result still owes a fine of $10,000 per day, according to the state attorney general’s office.

Trump on April 25 was found in contempt by Manhattan Supreme Court Judge Arthur Engoron for failing to comply with a subpoena from Attorney General Letitia James seeking records she wants to see for her civil investigation of his company, the Trump Organization.

Engoron imposed a fine on Trump of $10,000 per day until he was satisfied that Trump had complied with the subpoena.

The judge on Friday kept that fine and contempt order in place, saying that new affidavits by Trump and his lawyers claiming they could not find the documents were not sufficient.

Trump had asked the Appellate Division of the First Judicial Department to stay Engoron’s contempt order as the former president appeals the judge’s finding.

That division rejected the stay request, according to a spokeswoman for James.

James is investigating allegations that the Trump Organization improperly manipulated the stated valuations of real estate assets to obtain more favorable financial terms on loans, insurance and taxes.

This is breaking news. Please check back for updates.

Products You May Like

Articles You May Like

Should I buy real estate in my LLC or business name or land trust
Google Maps launches ‘vibe check’ and ‘immersive’ features
Hurricane Ian is a reminder for all homeowners to check their insurance for coverage of natural disasters
Damages in Florida from Hurricane Ian could total $47 billion. Here’s how to protect your personal finances from natural disasters
$800k in Profit to be Made on this House Flip?

Leave a Reply

Your email address will not be published.