They fight it out in our beautifully-rendered arenas based on real-world locations that they can alter, exploit, and even destroy. This story has been updated with additional details.Viewers at home, here's the news you've been waiting to hear: THE FINALS is accepting new contestants, and that means YOU! That's right, soon the world could be watching YOU tear apart our newest dynamic arenas and seize everlasting fame!Īs you know, THE FINALS is the world's greatest free-to-play combat game show! Our contestants plug in to our virtual world and join teams in escalating tournaments. The attorney general’s office is seeking more than $250 million and to ban Trump and his two adult sons from doing business in New York. He is weighing six other causes of action, including conspiracy, issuing false financial statements, falsifying business records, and insurance fraud. Oral arguments are scheduled for January 11.Įngoron is expected to issue his ruling soon after on how much in disgorgement, or ill-gotten gains, Trump will need to pay based on the judge’s earlier ruling that the financial statements were fraudulent. With witness testimony concluded, the attorney general’s office and Trump’s lawyers have until January 5 to file briefs summarizing their positions. (Trump has appealed the decision.) Engoron will determine how much the Trumps and their company must pay and the fate of their business in New York. The judge has already ruled that Trump, his adult sons and their businesses were liable for persistent and repeated fraud in a summary judgment opinion before the trial began. He also ordered the dissolution of Trump’s business certificates. “That the instant lenders made millions of dollars and were happy with the transactions does not mean that they were not damaged by lending at lower interest rates than they otherwise would have.” “If you pay a lower interest rate on a loan by overstating the value of any of your assets, thus lowering the perceived risk to the lender, your gains are ill-gotten,” Engoron said. ![]() “They are not disclaimers at all, they are not defendants’ statements, and they certainly do not shield defendants from liability if anything, they expose defendants to liability,” he wrote.Įngoron also said he found the Attorney General’s expert on disgorgement credible and said that the banks that lent Trump money were injured despite defense claims that the bank’s loved Trump’s business. The judge on Monday also knocked a defense argument frequently touted by Trump that disclaimers on his financial statements protect him from liability. “Based on the decision, it appears the Attorney General’s burden of proof does not matter, the testimony from the involved bankers does not matter, application of governing accounting standards does not matter, the express language of the financial statements does not matter, and the ruling from the First Department does not matter. All that seems to matter is arriving at a predetermined destination,” Kise said in a statement. Trump attorney Chris Kise called Engoron’s order “a complete failure to address the legal elements of the claims to be decided and a rejection of the real facts from the real participants in the real world.” ![]() These both fall into the category of ‘Let no one be fooled.’”Ī valuation can be based on different criteria and analyzed different ways, the judge said, “But a lie is still a lie.” “By doggedly attempting to justify every misstatement, Professor Bartov lost all credibility.”Įngoron added: “Defendants also trot out two of their standard canards, that valuations are subjective and that the law only penalizes ‘material’ deviations. ![]() “Bartov is a tenured professor, but all that his testimony proves is that for a million or so dollars, some experts will say whatever you want them to say,” Engoron wrote. The case record proves there are many material misstatements on Trump’s personal financial statements, according to Engoron. Takeaways from the 11-week Trump civil fraud trial Donald Trump in New York Supreme Court on Monday.
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