![]() He has long portrayed James, a Democrat who is Black, as a political arch-nemesis and part of a partisan witch-hunt against him. This outcome alone poses grave risks for Trump. It's 'we think you're operating a deceptive or fraudulent business in New York and we're going to give the attorney general the power to take away your licenses.' " "It's not about 'do you owe money or damages or anything like that,' " Thomas said. "It's a New York statute that's specifically designed for the attorney general to police bad business behavior," said Will Thomas, assistant professor of business law at the University of Michigan. Indeed, in ruling that Trump's businesses operated in a fraudulent manner, Judge Engoron cited a New York state law that grants sweeping powers to James over the future of Trump's enterprises in New York. and Eric Trump, from doing business in New York state, where many of the family's most significant assets are located.Ī ruling that empowers New York's attorney generalĪP New York State Attorney General Letitia James' office wants former President Donald Trump and other defendants to pay a $250 million fine, an amount large enough that experts say it could force Trump to sell assets.
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