- A New York state appeals court on Friday temporarily halted the dissolution of some of Donald Trump’s most valuable properties as it weighs the former U.S. president’s appeal in a civil fraud case.
The appeals court in the same ruling rejected Trump's bid to put on hold a trial that began last week to determine how much Trump, 10 of his companies, and his two adult sons must pay in penalties for allegedly inflating his net worth to secure more favorable loan terms. The lawsuit by New York Attorney General Letitia James alleges Trump inflated the value of his assets by billions of dollars to reap hundreds of millions of dollars in ill-gotten savings on loan interest.
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