{"id":2206227,"date":"2024-03-26T06:29:01","date_gmt":"2024-03-26T10:29:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-scores-major-victory-and-minor-setback-in-new-york-courts\/"},"modified":"2024-03-26T06:33:55","modified_gmt":"2024-03-26T10:33:55","slug":"trump-scores-major-victory-and-minor-setback-in-new-york-courts","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-scores-major-victory-and-minor-setback-in-new-york-courts\/","title":{"rendered":"Trump achieves significant win and minor setback in New York legal battles"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-scores-major-victory-and-minor-setback-in-new-york-courts%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2206227&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former \u200dPresident Donald Trump\u2062 faced a financial rollercoaster, starting with potential turmoil but ending as \u2063one of the world&#8217;s richest \u200cafter a setback in avoiding trial for hush money charges. Facing a deadline, Trump \u2063posted a reduced bond of $175 million in a New York lawsuit, with jury selection set for April 15 in the case. The appellate court&#8217;s decision hinted \u200bat\u200d a potential favorable outcome\u200b for Trump&#8217;s \u2062appeal.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>Former President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\" target=\"_blank\" rel=\"noopener\" title>Donald Trump<\/a> was set to begin his day in potentially deep financial turmoil but ended it in a surge back to one of the world\u2019s richest people despite a <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/2936871\/judge-rules-against-trump-hush-money-case-trial-april-15\/\" target=\"_blank\" rel=\"noopener\" title=\"setback\">setback<\/a> in his bid to avoid trial on criminal hush money charges.<\/p>\n<p>Trump faced a deadline on Monday to post a bond of $464 million in a <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/new-york\" target=\"_blank\" rel=\"noopener\" title>New York<\/a> civil fraud lawsuit before a state appeals court slashed the amount he would have to post to $175 million, which he says he will cover in cash. The former president also learned that jury selection will begin April 15 in the case accusing him of illegally concealing a $130,<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-prosecutors-signal-trump-likely-facing-criminal-charges-trump-responds-report\/\" title=\"New York Prosecutors Signal Trump Likely Facing Criminal Charges; Trump Responds: Report\">000 hush-money payment<\/a> he made to a porn star in the lead-up to the 2016 election, narrowing his chances to delay further the first trial in four separate indictments he faces.<\/p>\n<p>Here is what happened Monday in the blockbuster courtroom spit screen:<\/p>\n<h2>Major financial lift<\/h2>\n<p>The ruling by a panel of five appellate court judges for the Appellate Division in Manhattan marked an about-face of fortune for the former president \u2014 his attorneys last week said posting $464 million in his civil fraud case was a \u201cpractical impossibility\u201d \u2014 on top of his net worth soaring to $6.5 billion ahead of the Wall Street unveiling of his new social media venture, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-25\/donald-trump-6-4-billion-net-worth-makes-him-one-of-world-s-richest-people\" target=\"_blank\" rel=\"noopener\" title=\"making\">making<\/a> him one of Bloomberg Billionaires Index\u2019s 500 wealthiest people in the world.<\/p>\n<p>The appeal in the case could take several months to resolve. Justice Arthur Engoron in February found that Trump fraudulently inflated his net worth to secure favorable loans and insurance premiums. <\/p>\n<p>Trump and his legal team, who were separately in court facing rebuke from the hush money trial judge, celebrated the decision by the group of five appellate judges.<\/p>\n<p>\u201cThis monumental holding reins in Judge Engoron\u2019s verdict, which is an affront to all Americans,\u201d Trump attorney Alina Habba said. \u201cThis is the first important step in fighting back against Letitia James and her targeted witch hunt against my client, which started before she ever stepped foot in office.\u201d<\/p>\n<p>For now, Trump has 10 days to obtain the bond and will have to pay a fee and pledge roughly $200 million in cash and other investments as collateral.<\/p>\n<p>Engoron in February imposed several restrictions in addition to the steep fine on Trump and his business associates, such as barring him from obtaining a loan from a New York bank for three years. The same restrictions apply to his adult sons for two years, and Engoron also extended the appointment of an independent monitor to the Trump Organization. <\/p>\n<p>But the appeals court on Monday paused most of the restrictions Engoron put in place, except it left in place the independent monitor. However, Trump and his adult sons can still maintain oversight of the family business for now.<\/p>\n<p>Speaking to reporters outside the courtroom, Trump said he would \u201cabide by the decision\u201d and either post a bond or put up the money himself. Trump said the appellate court\u2019s decision to reduce the bond was revealing of how \u201cridiculous and outrageous\u201d the $464 million judgment against him is.<\/p>\n<p>Although the appeals court did not rule directly on the merits of Trump\u2019s appeal, the ruling to reduce the bond amount by roughly two-thirds signals the court could be sympathetic to his appeal going forward. The $175 million amount is around the amount Trump\u2019s counsel argued was the maximum penalty he could have owed.<\/p>\n<p>\u201cI think they wanted to give Trump a chance of appealing this case,\u201d said Neama Rahmani, a former federal prosecutor and president of West Coast Trial Lawyers.<\/p>\n<p>Rahmani cautioned that the ruling may not indicate the appeals court is planning to reduce the amount of the judgment.<\/p>\n<p>\u201cBut the real practical reason is, there\u2019s a chance that Trump wins in November and imagine having a bond company and trying to enforce the bond against the sitting president. That\u2019s going to be very challenging, to say the least,\u201d Rahmani added.<\/p>\n<h2>Discovery disappointment<\/h2>\n<p>Meanwhile, in a courtroom in Manhattan, Trump and his attorneys were dealt a blow during a hearing Monday morning by Judge Juan Merchan, who sided with District Attorney Alvin Bragg in a controversy over discovery.<\/p>\n<p>Merchan <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/2936871\/judge-rules-against-trump-hush-money-case-trial-april-15\/\" target=\"_blank\" rel=\"noopener\" title=\"found\">found<\/a> Bragg had appropriately fulfilled his discovery obligations, and the judge set a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/theres-hunter-hunter-biden-appears-in-court-for-paternity-dispute\/\" title=\"There's Hunter: Hunter Biden Appears in Court for Paternity Dispute\">trial start date<\/a> of April 15, three weeks later than the originally scheduled start date.<\/p>\n<p>Trump had asked Merchan to drop the hush money charges altogether or delay the trial by at least 90 days after he received more than 100,000 pages of discovery this month, within weeks of the initial March 25 trial start date.<\/p>\n<p>The eleventh-hour discovery dumps were related to Michael Cohen, who is expected to be one of Bragg\u2019s top witnesses, and they came from the U.S. Attorney\u2019s Office for the Southern District of New York. Trump\u2019s attorneys argued that Bragg, an elected Democrat, should have retrieved the documents last year and provided them to Trump as part of his prosecutorial obligations. Trump\u2019s attorneys said the defense team only received them because Trump issued a request for them to the U.S. attorney\u2019s office in January.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>The attorneys accused Bragg of attempting to hide exculpatory evidence related to Cohen, who was prosecuted by the U.S. attorney\u2019s office in 2018 in part for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jim-jordan-subpoenas-prosecutor-who-resigned-from-manhattan-das-office\/\" title=\"Jim Jordan Subpoenas Prosecutor Who Resigned From Manhattan DA's Office\">hush money scheme<\/a> in which Bragg has now implicated Trump.<\/p>\n<p>Bragg, for his part, blamed the U.S. attorney\u2019s office for failing to deliver all of the discovery in a timely manner and accused Trump of using a \u201cred herring\u201d argument to call for a case dismissal and lengthy trial delay.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump faced financial uncertainty at the start of his day but later rebounded, increasing his wealth to rejoin the ranks of the world&#8217;s richest individuals. Despite a setback in his attempt to evade trial for criminal hush money charges, Trump met a deadline on Monday to post a $464 bond<\/p>\n","protected":false},"author":3001,"featured_media":2206228,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP24085541221676-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2206227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP24085541221676-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2206227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3001"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2206227"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2206227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2206228"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2206227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2206227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2206227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}