Oct. 11, 2023 - Epoch Times
00:45
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| The judge presiding over this particular case is Judge Arthur Engren, who, just for your reference, recently referred to President Trump as a quote-unquote bad guy. | |
| And, well, surprisingly, he also ruled against him. | |
| Judge Engren, two weeks ago, ruled that the Trump Organization did illegally inflate the value of their assets to secure more favorable bank loans. | |
| President Trump's legal team, they did indeed file an emergency appeal to that decision, urging the New York Appeals Court to reconsider the judge's ruling. | |
| And on Friday, the appeals court accepted this argument, and they issued a stay on the judge's order. | |
| And just for your reference, a stay in this particular context is equivalent to a temporary injunction against the judge, meaning that the appeals court has essentially put a hold on the dissolution of Trump's New York-based businesses. |
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