New York AG asks judge to bar Trump from moving businesses to holding company amid fraud lawsuit
The New York Attorney General’s Office on Thursday asked a judge to bar former President Donald Trump from moving his businesses to a new holding company amid a pending civil lawsuit accusing him, three of his children, and the Trump Organization of widespread fraud.
That request is spurred by concerns that the AG’s office would have difficulty getting Trump to pay a fine, if he loses the suit, as a result of his assets being held by a company that is not named as a defendant in the case.
On Sept. 21, the...