November 3 2022 NEW YORK, New York – Court has ruled in favor of Attorney General Letitia James and Prohibits Donald Trump and Trump Organization Prohibited from Moving Assets to “Evade Liability” and Required to Appoint a Monitor to Oversee Financial Disclosures
The Honorable Arthur Engoron of the New York County State Supreme Court granted Attorney General James’ motion for a preliminary injunction, finding that the claims in the suit are likely to succeed at trial, and ruled that Donald Trump and the Trump Organization cannot transfer any material assets to another entity without court approval, are required to include all supporting and relevant material in any new financial disclosures to banks and insurers, and ordered to appoint an independent monitor to oversee compliance with these measures.
“Time and time again, the courts have ruled that Donald Trump cannot evade the law for personal gain,” said Attorney General James. “Today’s decision will ensure that Donald Trump and his companies cannot continue the extensive fraud that we uncovered and will require the appointment of an independent monitor to oversee compliance at the Trump Organization. No number of lawsuits, delay tactics, or threats will stop our pursuit of justice.”