The New York attorney general won a major victory in her civil case against Donald J. Trump on Tuesday when a New York judge determined that the former president fraudulently inflated the value of his assets to obtain favorable loans and insurance deals.
The decision by Justice Arthur F. Engoron precedes a trial that is scheduled to begin Monday, and could considerably smooth Attorney General Letitia James’s path.
Justice Engoron’s decision narrows the issues that will be heard, effectively deciding that the trial was not necessary to find that Mr. Trump was liable and that the core of Ms. James’s case was valid. It represents a major blow to Mr. Trump, whose lawyers had sought to persuade the judge to throw out many of the claims against the former president.
The judge also ordered sanctions against Mr. Trump’s lawyers for making arguments that he previously rejected. He ordered each to pay $7,500.
The judge granted the state AG’s motion for summary judgment (in part), which means he found that no reasonable jury could fail to conclude that Trump had, in fact, committed fraud when he overvalued real estate assets by more than two billion dollars in order to secure bank loans.
Also too, it’s really really really really hard to make arguments in a summary judgment motion that are so terrible that they’ll get you fined by the judge you forced to read them.
Enjoy trying to get your client to pay his bills gentlemen!