Donald Trump Faces 'Humpty Dumpty' Effect on His Business Empire

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 52%

United States Headlines News

United States Latest News,United States Headlines

The former president is fighting to retain his Florida estate and some of his most valuable assets in a fraud case.

A New York appeal court has agreed to delay the break-up of Trump's property empire because the assets can't be put back together again if forcibly sold off, a real-estate attorney has said.Paul Golden, a partner at New York law firm Coffey Modica, told Newsweek that Trump may win his appeal against Judge Arthur Engoron's decision to strip the Trump companies of their right to do business.

The court will decide on six other accusations, including falsifying business records, insurance fraud, and conspiracy claims. Engoron himself will rule on the charges, as Trump's legal team did not opt for a jury trial.The Humpty Dumpty Effect, or Deal, is sometimes used in business to explain why a group of companies cannot easily be put back together once they have been sold off.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump fraud trial live updates: Ivanka Trump takes the stand after Donald Trump’s testimonyThis is additional taxonomy that helps us with analytics
Source: NBCNews - 🏆 10. / 86 Read more »

Donald Trump Faces 'Devastating' Trial Verdict: AttorneyAn attorney has criticized the former president's legal strategy in his civil fraud case.
Source: Newsweek - 🏆 468. / 52 Read more »

Trump fraud trial live updates: Ivanka to take the stand next after Donald Trump's testimonyThis is additional taxonomy that helps us with analytics
Source: NBCNews - 🏆 10. / 86 Read more »

Ivanka Trump takes the stand in former President Donald Trump's civil fraud trialIvanka Trump is the last Trump family member expected to be called to the witness stand by the New York state attorney general. Former President Donald Trump and his two oldest sons already testified.
Source: NPR - 🏆 96. / 63 Read more »

Ivanka Trump takes the stand in former President Donald Trump's civil fraud trialIvanka Trump is the last Trump family member expected to be called to the witness stand by the New York state attorney general. Former President Donald Trump and his two oldest sons already testified.
Source: KPBSnews - 🏆 240. / 63 Read more »

Ivanka Trump testifies in fraud trial after Donald Trump rages on Truth Social: Live updatesThis is additional taxonomy that helps us with analytics
Source: MSNBC - 🏆 469. / 51 Read more »