Judge Engoron issues order placing Trump's business assets under monitor

[mystery-ak]

Judge Arthur Engoron issued an order prohibiting former President Donald Trump from transfering his assets without informing a court monitor on Thursday.

Engoron's supplemental order states that Trump and the other defendants must disclose all of the entities they own and declare in advance "any anticipated transfer of assets or liabilities to any other entities."

In addition to Trump, the order applies to Donald Trump Jr., Eric Trump, former chief financial officer of the Trump Organization, Allen Weisselberg, and Trump Organization controller Jeffrey McConney. The group has until OCtober 26 to hand over the information to former federal judge Barbara Jones, the monitor who is already overseeing the Trump Organization's finances.

The order is the second Engoron has issued since the trial began on Monday. He also issued a partial gag order on Trump, prohibiting him from discussing court staff on social media.

That order came in reaction to Trump publicly criticizing one of Engoron's law clerks on social media.

Posted by Anders Hagstrom
https://www.foxnews.com/live-news/donald-trump-new-york-ag-letitia-james-civil-trial

[Free Vulcan]

Trying to choke off selling assets for potential legal funds. Total BS.

[Cyber Liberty]

I have been assured the Judge is not at all biased.

[Kamaji]

Trying to choke off selling assets for potential legal funds. Total BS.

Bullshit.  A reasonable measure intended to prevent secreting assets in order to avoid a potential judgment.

[Kamaji]

I have been assured the Judge is not at all biased.

And why is appointing a monitor to make sure the defendants do not try to hide or otherwise secrete assets a bad thing?  It's standard operating procedure in many instances.

[Free Vulcan]

Bullshit.  A reasonable measure intended to prevent secreting assets in order to avoid a potential judgment.

That will be the cover story, but not the true motive. I guarantee that is not lost on the judge.

This is how they play the game.

[DefiantMassRINO]

Trump should have already transferred the performing assets to a non-New York LLC, and left the New York LLC's with the crap.

[Kamaji]

That will be the cover story, but not the true motive. I guarantee that is not lost on the judge.

This is how they play the game.

Bullshit.  These orders are pursuant to enforcement of the court's summary judgment decision.  Read the order itself:  https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=7dEWk5XQvbijzTX/_PLUS_EU/xg==&system=prod

[Kamaji]

Trump should have already transferred the performing assets to a non-New York LLC, and left the New York LLC's with the crap.

A transfer made in contemplation of litigation in order to frustrate the recovery by a winning party is often subject to fraudulent transfer rules and can be clawed back.  Clawing transferred assets back would be time-consuming and expensive, but the costs would be allowed against Trump and the entities that made and/or received the assets.

[Free Vulcan]

Bullshit.  These orders are pursuant to enforcement of the court's summary judgment decision.  Read the order itself:  https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=7dEWk5XQvbijzTX/_PLUS_EU/xg==&system=prod

It's always easier to play politics when the laws, rules, regs are on your side.

If this were Hunter, it would not be happening.

[Kamaji]

It's always easier to play politics when the laws, rules, regs are on your side.

If this were Hunter, it would not be happening.

Maybe so, but the law is the law, and Trump is where he is because of his own damned cavalier attitude toward the truth, facts, and honest, good-faith dealing.

It is no objection to a speeding ticket that the cop who pulled one over has it out for people who drive one's type of car if, in fact, one was speeding when pulled over.

[libertybele]

Trying to choke off selling assets for potential legal funds. Total BS.

Exactly -- deplete his ability to defend himself and deplete his ability to campaign. Trying to tie his assets up and his time with court cases.

[Kamaji]

Also, there is nothing in the appointment of the independent monitor that provides her with any authority to prevent a transfer.  All that is required is that the defendants provide information about where assets are being transferred.

[Kamaji]

Exactly -- deplete his ability to defend himself and deplete his ability to campaign. Trying to tie his assets up and his time with court cases.

Not possible under the current appointment of the monitor which is, precisely, to "monitor".  She does not have any authority to prevent a transfer; she simply keeps tabs on where assets are going to if assets are transferred.

[mountaineer]

Really, this is the job of a congressman?

Sahil Kapur
@sahilkapur
Scoop: Rep. @JaredEMoskowitz (D-Florida) writes a letter formally asking Palm Beach County to tax Mar-a-Lago at rate Trump claims it's worth.

Amid Trump's civil fraud trial.

Trump has claimed it's worth 50-100X its appraisal value.
1:51 PM · Oct 5, 2023

[libertybele]

Not possible under the current appointment of the monitor which is, precisely, to "monitor".  She does not have any authority to prevent a transfer; she simply keeps tabs on where assets are going to if assets are transferred.

Since when does the left play by or abide by the rules??

[Kamaji]

Since when does the left play by or abide by the rules??

How would the monitor stop a transfer or a sale?  The appointment does not appear to provide any such powers.  What is she going to do, prank-call the buyers at all hours of the night?

[libertybele]

How would the monitor stop a transfer or a sale?  The appointment does not appear to provide any such powers.  What is she going to do, prank-call the buyers at all hours of the night?

Sigh....

[Kamaji]

Sigh....

Sigh right back atcha.  Where is the power for the independent monitor to stop a sale or transfer?