New York Supreme Court Justice Arthur Engoron, who is presiding over a case that will determine the fate of former President Donald Trump’s businesses and properties, has issued a new order that requires President Trump and co-defendants to notify the court’s independent monitor before transferring any assets or creating a new entity, including applying for a new business certificate outside of New York.
New York Attorney General Letitia James sued President Trump last year, claiming he inflated his net worth to receive more favorable terms from insurers and banks, and is seeking $250 million in penalties and to bar the 45th president and his sons Eric Trump and Donald Trump Jr. from doing business in the state.
