New York appeals court declines to halt Trump’s civil fraud trial

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Trump's lawyers said the ruling could harm not only the ex-president and other defendants but also as many as 1,000 employees.

A New York appeals judge declined Friday to halt Donald Trump’s civil fraud trial, rebuffing the former president’s request to postpone it while he fights a pretrial ruling that could strip him of control of such assets as Trump Tower. The appellate judge agreed that control over the holdings will remain as-is for now. Friday’s decision came five days into the closely watched trial, which drew Trump to the courthouse to observe — and fulminate — for days this week.

The judge, ruling on the top claim in James' lawsuit, found that Trump routinely deceived banks, insurers and others by exaggerating the value of assets on his annual financial statements, which were used in making deals and securing loans. Trump has denied wrongdoing, arguing that some of his assets are worth far more than what’s listed on the statements.

 

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