Trump rebuffed by decide in New York fraud lawsuit, trial date set

NEW YORK, Nov 22 (Reuters) – A New York decide has scheduled an October 2023 trial for former U.S. President Donald Trump, three of his grownup kids and the Trump Group in a lawsuit introduced by New York Legal professional Common Letitia James accusing them of fraudulently overvaluing the actual property firm’s belongings and Trump’s web value.

Justice Arthur Engoron of the state Supreme Courtroom in Manhattan set the trial date throughout a contentious listening to on Tuesday following motions by the Trumps the night time earlier than to have the civil lawsuit dismissed.

“I dominated on all these points. It appears to me the details are the identical. The regulation is identical. Events are the identical,” Engoron instructed Alina Habba, Trump’s lawyer. “You’ll be able to’t preserve making the identical argument after you have already misplaced.”

Habba had accused the decide of bias. Trump, a Republican, has accused James, a Democrat, of suing him as a result of she dislikes him and his politics.

In her lawsuit filed on Sept. 21, James accused Trump, his firm, his kids Donald Jr, Eric and Ivanka and others of inflating Trump’s belongings by billions of {dollars} in a decade of lies to banks and insurers. James referred to as the fraud “staggering.”

The grievance seeks $250 million in damages. It additionally seeks to cease the Trumps from operating companies within the state and ban Trump and his firm from buying New York actual property for 5 years.

Engoron is anticipated to rule on the motions to dismiss by early January. Trump is already interesting Engoron’s order requiring an impartial watchdog to observe his firm.

The trial, scheduled for Oct. 2, 2023, and different authorized points might complicate Trump’s marketing campaign, introduced final week, for the presidency in 2024.

The Trump Group is now on trial in one other Manhattan courtroom on legal tax fraud expenses.

As well as, U.S. Legal professional Common Merrick Garland final week named a particular counsel to supervise two legal investigations, one associated to the FBI’s seizure of presidency paperwork from Trump’s Florida dwelling and the opposite analyzing Trump’s function in efforts to overturn the 2020 presidential election.

Trump additionally faces a legal investigation in Georgia into whether or not he interfered with the 2020 election leads to that state.

He has referred to as these instances and investigations politically motivated, and has labeled Engoron a “puppet decide” for James.

In in search of to dismiss the case filed by James, Trump maintained that the legal professional common lacked authority to pursue a lawsuit designed to “get” him when neither the general public nor {the marketplace} was harmed.

“Who stands to realize from this highly-politicized farse [sic], except for the politically-compromised Legal professional Common of the State of New York?” Trump’s submitting stated.

Different defendants additionally urged dismissals.

Legal professionals for Trump’s sons referred to as the lawsuit a “textbook instance of throwing every part on the wall to see what sticks.” Ivanka Trump’s attorneys stated there have been no allegations that she lied to or defrauded anybody.

The Trump Group’s former longtime Chief Monetary Officer Allen Weisselberg and its Controller Jeffrey McConney additionally sought dismissals of claims towards them. Each testified as prosecution witnesses within the Manhattan legal trial during which prosecutors accused the corporate of partaking in tax fraud spanning 15 years.

Reporting by Karen Freifeld and Jonathan Stempel in New York; Modifying by Will Dunham

Our Requirements: The Thomson Reuters Belief Ideas.

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