OFFICIAL LRC President Donald Trump SECOND TERM Thread

ehre. wrote:

The case was not "tossed" and real penalties remain. I got this from Google AI but it's a good summary of what I read:

Ban from serving as an officer or director of a New York corporation: Donald Trump was banned for three years, and his sons Donald Trump Jr. and Eric Trump were banned for two years. These bans were upheld by the Appeals Court and are now in effect.
Ban from applying for loans from New York banks/financial institutions: Trump and his companies were prohibited from doing so for three years. This injunction was also upheld and is currently in effect.
Continuation of independent monitor oversight: An independent monitor will continue to oversee the Trump Organization's finances for at least three years. The Appeals Court confirmed the continuation of this oversight.

No definite word on what $, if any, they'll have to cough up but for sure it won't be $500mm.
Still, the current restrictions pinch. Even if you set up a corporation in a different state, you still can't get loans from a NY bank, which most major banks are.

Noyankee wrote:

Ivyguy wrote:

Not quite. The case is yet to be appealed to NYS's highest court (and it will be).

Not a huge fan of this guy, but the first couple minutes of his vid make things clearer:

Video:www.youtube.com/watch?v=k1iGn4qfIlE

Bottom line: The court said that L. James properly brought the case, that the case was properly conducted, and that Donald Trump et al. did indeed commit fraud. They also agreed that the ~1/2 billion penalty was excessive. After that, they're all over the map and the case will have to be heard by the Court of Appeals, the state's top court.

Ordinarily the CofA considers questions of law rather than debate the facts, so the most likely outcome of the case (which could well conclude after the Trump presidency, and almost certainly after the 2026 elections) is that it would be sent back down to the trial court to reconsider the penalty judgment.

There is zero chance this gets overturned so don’t get your panties too wet. Again, the chance is zero. Leticia, the fraud, James will now be defending herself. good luck.

ehre. wrote:

ehre. wrote:

The case was not "tossed" and real penalties remain. I got this from Google AI but it's a good summary of what I read:

Ban from serving as an officer or director of a New York corporation: Donald Trump was banned for three years, and his sons Donald Trump Jr. and Eric Trump were banned for two years. These bans were upheld by the Appeals Court and are now in effect.
Ban from applying for loans from New York banks/financial institutions: Trump and his companies were prohibited from doing so for three years. This injunction was also upheld and is currently in effect.
Continuation of independent monitor oversight: An independent monitor will continue to oversee the Trump Organization's finances for at least three years. The Appeals Court confirmed the continuation of this oversight.

No definite word on what $, if any, they'll have to cough up but for sure it won't be $500mm.
Still, the current restrictions pinch. Even if you set up a corporation in a different state, you still can't get loans from a NY bank, which most major banks are.

But hey, it's a great distraction from the Epstein materials amirite?