Epoch Times - Appeals Court Rules 👨🏻‍⚖️
Aired: 2023-10-11
Duration: 00:45

[00:00:00]  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.
[00:00:08]  And, well, surprisingly, he also ruled against him.
[00:00:11]  Judge Engren, two weeks ago, ruled that the Trump Organization did illegally inflate the value of their assets to secure more favorable bank loans.
[00:00:19]  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.
[00:00:27]  And on Friday, the appeals court accepted this argument, and they issued a stay on the judge's order.
[00:00:33]  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.