Monday, October 02, 2023

Summary Judgment Is Hard! It’s Hard!

 Nope:

The bank finally stopped doing business with Trump after that, but Vrablic stepped in to rescue Trump and signed off on $300 million in loans before he ran for president in 2016, so O'Brien said it will be important to how she answers questions about whether she knowingly loaned him money despite his misleading statements.
That testimony would go to the fraud allegations.  But fraud has already been found, and besides, under the statute applied, the testimony of an individual about whether or not they were defrauded, is irrelevant. The fraud found here is operating businesses fraudulently in the state of New York. These are not 1000’s of separate cases of individual fraud, but of the defendants operating fraudulently, something the law does not allow. This is not unlike the judgment that Trump’s charity was operating fraudulently, and the results will be similar. That charity was shut down and monies from it had to be disgorged.

The question of fraud is no longer before the court. The question of disgorgement is the only question on trial. Witnesses may testify about dollar amounts as a basis for how much fraud the defendants have to pay for. But no one’s going to testify about how they were, or were not, defrauded.

The defendants used their LLC’s to commit fraud. Now we’re just discussing how much it’s gonna cost ‘em beyond losing all those LLC’s.

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