President Trump has just filed a notice of appeal of the ridiculous New York civil fraud judgment, which found him liable and ordered him to pay over $450 million in fines.
Judge Engoron’s ruling also barred Trump from running businesses in New York for three years.
Until the hundreds of millions of dollars in so-called fines are paid, Trump’s post-judgment interest will accrue by an extra $111,984 per day!
But, Trump and his legal team are not backing down.
Take a look at the developing story:
BREAKING:
Donald Trump has officially set forth an appeal in the $355 million judgement against him by a New York court on charges of fraud.
Trump has asked an intermediate-level state appellate court to overturn Justice Arthur Engoron's Feb. 16th ruling in a civil fraud… pic.twitter.com/jghRv4u7X2
— Conservative Brief (@ConservBrief) February 26, 2024
THE ART OF THE APPEAL: Team Trump Appeals Massive New York Civil Fraud Case Ruling
*DEVELOPING* https://t.co/kj0uBqkmUW
— Sean Hannity 🇺🇸 (@seanhannity) February 26, 2024
It’s important to note that Trump’s notice of appeal does not indicate whether or not he has paid an appeal bond yet, which is the next step needed to move the appeal forward.
CNBC has more details:
Former President Donald Trump on Monday filed a notice of appeal of the New York civil judgment finding him liable for fraudulently inflating his net worth on years of financial statements.
The legal challenge came less than two weeks after Judge Arthur Engoron ordered Trump to pay more than $450 million in fines and interest for his fraudulent business practices.
“We trust that the Appellate Division will overturn this egregious fine and take the necessary steps to restore the public faith in New York’s legal system,” Trump attorney Alina Habba said in a statement.
Engoron also barred Trump for three years from running a business in New York or applying for loans from financial institutions registered with the state.
Trump’s post-judgment interest will continue to accrue at $111,984 each day until it is paid, according to the office of New York Attorney General Letitia James, who brought the case against Trump and his company.
Trump’s co-defendants, including Eric Trump, Donald Trump Jr., a slew of Trump Organization entities and two of its executives, joined Monday’s appeals.
ABC News also reported:
Lawyers for former President Donald Trump and his co-defendants are appealing their $464 million civil fraud case.
In a filing Monday, the defendants signaled their plans to appeal the ruling to New York’s Appellate Division, First Department.
“This appeal is taken from each and every part of the Order insofar as Defendants are aggrieved,” defense lawyers Alina Habba and Clifford Robert wrote in the notice.
In an informational statement filed with the Appellate Division, the defense lawyers asked the court to determine whether the judge in the case “committed errors of law and/or fact, abused its discretion, and/or acted in excess of its jurisdiction.”
“We trust that the Appellate Division will overturn this egregious fine and take the necessary steps to restore the public faith in New York’s legal system,” Habba said in a statement.
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