Trump’s lawyers are counting on higher courts to significantly reduce or eliminate any civil-fraud penalty Engoron imposes. She alleges that Trump used the same bogus balance sheets to win the golf-course contract and to finance the construction and development of the D.C. hotel. Trump’s lawyers have also argued that much of the attorney general’s case hinges on transactions falling outside the statute of limitations. In the defamation case, Trump’s lawyers are likely to challenge the size of the verdict, as well as arguing he shouldn’t be liable at all. As in the fraud case, Trump could seek to secure a bond for the defamation judgment while he continues to fight it.

Source: Wall Street Journal February 01, 2024 11:46 UTC