A judge on Tuesday ruled that Donald Trump and his company are liable for fraud by misstating the true values of multiple real estate properties for years and thus grossly overstating the former president’s net worth by billions of dollars.
Judge Arthur Engoron in his bombshell decision also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General’s Office.
The judge said he would appoint an independent receiver to manage the dissolution of the corporations whose business certificates he canceled.
It is not clear whether Engoron’s decision means the Trump Organization and related entities will have to completely cease doing business in New York, or whether the companies can be legally reconstituted later.
All because his lawyers early in the case checked a box for bench trial instead of jury trial, then blew through all the deadlines involved in fixing it. Absolutely massive fuckup, especially when your legal strategy is to annoy the judge with repetitive nonsense arguments.
When your lawyers are getting fined personally for making stupid arguments too many times, your case is not going well. Trump’s only hope was an idiot juror to hold out on a guilty verdict and give him a mistrial. No jurors in a bench trial. Truly and irrevocably fucked.
Maybe the lawyers know Trump will never pay them anyway, so they’re happy to paid with “the exposure” while happily fucking Trump over. They can tout themselves as “Trump’s lawyers” knowing Trump-lovers will remain ignorant of their fuckups since they remain ignorant of the fact that Trump lost in the first place.