Advertisement
UK markets open in 5 hours 5 minutes
  • NIKKEI 225

    40,360.26
    -737.43 (-1.79%)
     
  • HANG SENG

    17,744.97
    +5.56 (+0.03%)
     
  • CRUDE OIL

    83.32
    +0.47 (+0.57%)
     
  • GOLD FUTURES

    2,465.10
    +5.20 (+0.21%)
     
  • DOW

    41,198.08
    +243.60 (+0.59%)
     
  • Bitcoin GBP

    49,693.54
    -830.84 (-1.64%)
     
  • CMC Crypto 200

    1,337.91
    -4.41 (-0.33%)
     
  • NASDAQ Composite

    17,996.92
    -512.42 (-2.77%)
     
  • UK FTSE All Share

    4,489.24
    +6.80 (+0.15%)
     

Judge says New York AG's $250M lawsuit against Trump will proceed without delay

A judge in New York on Wednesday said there would be no delay to the start of the civil trial in New York Attorney General Letitia James' $250 million lawsuit against former President Donald Trump and his namesake real estate company.

Judge Arthur Engoron said that arguments Trump and others made to delay the case were not convincing.

MORE: New York AG seeks legal sanctions against Trump as part of $250M lawsuit

"Defendants' arguments are completely without merit," Engoron wrote in his ruling.

The attorney general's office alleges that Trump, his sons Donald Trump Jr. and Eric Trump, and Trump Organization executives inflated his net worth by, in some years, billions of dollars so they could obtain better terms from lenders and insurers.

PHOTO: Former President and Republican presidential candidate Donald Trump attends the ALGOP Summer Meeting in Montgomery, Ala., Aug. 4, 2023. (Cheney Orr/Reuters)
PHOTO: Former President and Republican presidential candidate Donald Trump attends the ALGOP Summer Meeting in Montgomery, Ala., Aug. 4, 2023. (Cheney Orr/Reuters)

The former president called his real estate portfolio "the Mona Lisa of properties" during an April deposition in the suit, according to a transcript of the deposition that was made public last week.

The trial is expected to begin Oct. 2.

Trump has denied all wrongdoing.

Judge says New York AG's $250M lawsuit against Trump will proceed without delay originally appeared on abcnews.go.com