DIRS.INFO The most relevant business & tech news

☆ Trump lawyers ask for a mistrial in $250 million fraud case, accuses law clerk of 'co-judging'
▼ + stars: | 2023-11-15 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +7 min

Trump's lawyers asked for a mistrial in their civil fraud trial in New York. AdvertisementThe mistrial filings — from Trump's lawyers Alina Habba, Christopher Kise, and Clifford Roberts — included quotes from the court transcript in which the lawyers first complained about Greenfield. Judge Arthur Engoron talks with his principal law clerk Allison Greenfield during the fraud trial for former President Donald Trump at New York Supreme Court. A summary judgement decision from Engoron — which Trump lawyers complain came less than a week before the trial — has already largely ruled in the attorney general's favor. After the ruling, Trump's lawyers can take it up with an appeals court, which will decide whether to let the trial stand.

Persons: Engoron, —, Donald Trump, General's, they've, there's, Allison Greenfield, Arthur Engoron, Greenfield, Trump, Alina Habba, Christopher Kise, Clifford Roberts —, Habba, Judge Arthur Engoron, Michael M Santiago, David Demarest, Demarest, Demerest, Engoron's, Letitia James, Eric Trump, Donald Trump , Jr, general's, James Organizations: Democratic, Service, New York, Trump, Republican, New, Supreme, Association, Justices, Wheatley School, Trump Organization — Locations: New York, Manhattan, Greenfield, Florida

☆ A bunch of terrible stuff happened to Jennifer Weisselberg after she ratted on her husband and the Trump Organization to prosecutors
▼ + stars: | 2023-11-14 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Jennifer Weisselberg is the former daughter-in-law of Allen Weisselberg, who served as the chief financial officer for the Trump Organization and was convicted of tax fraud earlier this year. Eviction proceedings against Jennifer Weisselberg began in October 2020 with Allen Weisselberg listed as her guarantor. But over the next few months — as Jennifer Weisselberg began speaking publicly with the media about the Trump Organization — the lawsuit against Jennifer and Allen Weisselberg shifted, according to The Nation. In March 2023, Jennifer Weisselberg signed a settlement agreement to pay back half the rent she owed and move out. AdvertisementAdvertisementJennifer Weisselberg told The Nation she believed speaking out against the Trump Organization would help her get her kids back.

Persons: Jennifer Weisselberg, Allen Weisselberg, —, it's, Jennifer, Barry Weisselberg, Donald Trump, Allen Weisselberg's, Barry Weisselberg didn't, Jennifer Weisselberg's, Allen, Barry Organizations: Trump Org, Service, Trump Organization, The, Trump Organization —, York County Civil, Court, Bellevue Hospital Locations: York County, Florida, Manhattan

☆ Judge erupts at Trump's lawyers for wasting time with 'ridiculous' repetitive questions aimed at Trump Organization's ex-accountant
▼ + stars: | 2023-10-04 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

The judge in Donald Trump's New York fraud case is not happy with the former president's lawyers. AdvertisementAdvertisementDonald Trump's lawyers sparred with the judge overseeing the ex-president's civil fraud trial in downtown Manhattan Wednesday, arguing for their right to ask repetitive questions. Suarez asked. Engoron asked. Engoron asked Bender whether his answer "would be the same for each year."

Persons: Donald Trump's, Justice Arthur Engoron, —, Arthur Engoron, who's, Jesus M, Suarez, Donald Bender, Bender, Bender —, Trump, Engoron, I'm, Alina Habba, Chris Kise, Eric Trump, Letitia James, Donald Trump, Seth Wenig, Trump's, Kise, Kevin C, Wallace Organizations: Service, New, Trump, The New, Mazars, Trump Organization, Trump Organization —, Supreme, AP Locations: York, Manhattan, The New York, Mazars USA

☆ Trump isn't getting a jury in his $250 million civil fraud trial because his lawyers failed to ask for one
▼ + stars: | 2023-10-02 | by ( Madison Hall | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Former President Donald Trump was entitled to receive a jury trial in his New York civil fraud case. AdvertisementAdvertisementFormer President Donald Trump won't receive a jury trial in his $250 million civil fraud case in New York because his lawyers never asked for one. Trump's trial in his civil fraud case began on Monday morning in a downtown Manhattan courtroom, where the embattled former president made a surprise appearance. AdvertisementAdvertisementNew York Attorney General Letitia James asked for a trial without a jury in Donald Trump's civil fraud case. The New York civil fraud trial against Trump could last until December 22, though it could end sooner.

Persons: Donald Trump, Trump, he's, —, Letitia James, Eric, Donald Jr, Arthur Engoron, general's, Donald Trump's, James, didn't, Engoron, Alina Habba Organizations: Service, New York, Trump, Trump Organization, Trump Organization —, New, New York Attorney Locations: New York, Manhattan, York

☆ Michael Cohen and the Trump Organization just cut a deal to settle his lawsuit over unpaid legal bills
▼ + stars: | 2023-07-21 | by ( Rebecca Cohen | Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Michael Cohen and the Trump Organization cut a deal to settle his lawsuit. It's not clear how much money the Trump Organization paid to settle the case. He alleged the Trump Organization should have covered legal fees for his role in various scandals, lawsuits, and investigations that stemmed from his work for Trump. But his son Donald Trump Jr., an executive at the Trump Organization, had agreed to show up as a witness. Cohen's lawyers argued that Trump Jr. had knowledge of the agreement between Cohen and the Trump Organization to cover legal bills, and that Trump Jr. had his own legal bills covered for some of the same investigations.

Persons: Michael Cohen, It's, Hunter Winstead, Cohen — Donald Trump's, Trump Organization —, Joel Cohen, Stormy Daniels, Stephanie Clifford, Mueller, Cohen, Donald Trump, Donald Trump Jr, Trump Organizations: Trump Organization, Service, Trump, FBI, New York, Trump Jr Locations: Wall, Silicon, New York, Manhattan

☆ The judge overseeing Trump's case donated $15 to Biden. Legal experts say it likely won't get him thrown off the case, but it'll 'feed the Trump PR beast.'
▼ + stars: | 2023-04-07 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

The NY judge handling Donald Trump's criminal case made a $15 donation to President Joe Biden's campaign in 2020. Legal experts told Insider that it likely won't get the judge thrown off the case. But it will "feed the Trump PR beast" and doesn't bode well for public perception, the experts said. Legal experts told Insider on Friday that the political donations likely won't get New York Supreme Court Justice Juan Merchan thrown off of Trump's case, but that it will "feed the Trump PR beast" and doesn't bode well for public perception. "The Trump people will pounce on that"Former President Donald Trump appears in court for his arraignment, on April 4, 2023 in New York.

☆ Trump's NY fraud trial starts on time 'come hell or high water,' judge warns warring lawyers at hearing
▼ + stars: | 2023-02-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Oral arguments focused on whether something called the "Trump Organization" legally exists. The judge, meanwhile, warned that "come hell or high water" an October trial will not be delayed. "Come hell or high water, and pardon my French," the judge added of his set-in-stone trial start time: 10 a.m. on Monday, October 2, 2023. It's shorthand for them, as well — James' lawsuit references "the Trump Organization," for convenience's sake, some 300 times in its 222 pages. The judge urged the attorney general's office and the defendants' lawyers to avoid a protracted argument over sanctions.

Trump Corp. and Trump Payroll Corp. — both subsidiaries of the Trump Organization — were convicted last month on 17 counts, including conspiracy, criminal tax fraud and falsifying business records. “This case was all about Allen Weisselberg committing tax fraud on his personal tax returns. Every witness repeatedly testified that President Trump and the Trump family knew nothing about Allen Weisselberg’s actions,” Trump attorney Susan Necheles maintained after the verdict. The $1.6 million in penalties the district attorney sought is the maximum allowed under applicable statutes in the case. Trump has complained that the actions of the district attorney and the attorney general are part of the "witch hunt" against him.

☆ Trump says Democrats 'weaponized' his tax returns while simultaneously boasting that the records show what a clever businessman he is
▼ + stars: | 2022-12-30 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +4 min

Trump accused Democrats of weaponizing his tax returns against him. But he simultaneously said the documents, released Friday, show he's a savvy businessman. The documents released Friday — which span thousands of pages — showed that Trump and then First Lady Melania Trump reported millions in losses from 2015 to 2020. The Trump Organization now has felony status and could be ordered to pay up to $1.6 million in fees when it's sentenced next month. That's in addition to the $250 million civil lawsuit that New York Attorney General Letitia James' office filed against Trump, his three eldest children, and the Trump Organization in September.

☆ 5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud
▼ + stars: | 2022-12-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

A Manhattan jury convicted Donald Trump's company of all 17 tax-fraud counts on Tuesday. But he would not implicate anyone named Trump — not Donald Trump, who he worked for since the 1980s. And not any of Trump's three eldest kids — Donald Trump Jr., Eric Trump, or Ivanka Trump, who have all served as Trump Organization executive vice presidents. Back during jury selection in late October, defense lawyers had the darnedest time finding Manhattan residents who didn't hate Donald Trump. They certainly did not look like Donald Trump's C-suite of well-paid, white-collar white men.

☆ After Trump Org tax-fraud conviction, will Trump only get a slap on the wrist or could he face new NY charges?
▼ + stars: | 2022-12-07 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

NY law limits the penalties Trump faces to $250K per tax count and $10K per crime. But the conviction could embolden the Manhattan DA's office to pursue more cases against the former president and his company, insiders say. The tax-fraud case against the Trump Organization has been that probe's only indictment to date. That victory — and the apparent willingness of Manhattan residents to hit hard — may embolden the DA's office to go after Trump himself. "He has 500 subsidiaries" he said of the Trump Organization.

☆ Notes indicate Trump Organization tax-fraud jury may be zipping through deliberations on its 2nd day
▼ + stars: | 2022-12-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

tax-fraud trial in Manhattan. Jury notes have asked for readbacks of the law for counts 2, 6, 7, 8, and 9. A court officer sent in to the trial judge, New York Supreme Court Justice Juan Merchan, a folded-over piece of white notebook paper. Prosecutors have also cited numerous documents signed by Donald Trump, Donald Trump Jr., and Eric Trump as evidence they were aware of the scheme. But a tax-fraud conviction would cost the Trump Organization a penalty up to $1.6 million.

☆ Trump Organization found guilty on all counts in Manhattan tax-fraud trial
▼ + stars: | 2022-12-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

The verdict means Trump's company now risks up to $1.6 million in penalties when it is sentenced on January 13. The company also now has felony status, meaning a big black eye as Trump makes his third run for president. Defense lawyers promised to appeal the verdict; Manhattan District Attorney Alvin Bragg thanked the jury and the prosecution team. The jury found that both subsidiaries — the Trump Corporation and Trump Payroll Corporation, both doing business as Trump Organization — were complicit in a decade-long tax-dodge scheme admittedly run by ex-CFO Allen Weisselberg and top payroll executive Jeffrey McConney. In Manhattan, no corporation is above the law," said Manhattan District Attorney Alvin Bragg in a statement.

☆ Deliberations have started in the Trump Organization tax fraud trial and the judge told jurors to 'set aside' any Trump biases
▼ + stars: | 2022-12-05 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

Deliberations began Monday in the Trump Organization tax-fraud trial. Jurors must decide if the company is criminally liable for its top financial executives' tax crimes. 'Set aside any personal opinions or biases you may have against Trump,' the judge instructed. Three of the sworn jurors — a full quarter of the jury — said during jury selection that they don't like Trump or his politics. Prosecutors have said they did so to save hundreds of thousands of dollars in taxes a year for the company's top executives, a half-dozen men one rung down the corporate ladder from the Trump family itself.

☆ 'Donald Trump knew exactly what was going on' in Trump Org. tax fraud, Manhattan prosecutor says in summations
▼ + stars: | 2022-12-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Late Thursday, a prosecutor told jurors Trump "knew exactly" how his top executives dodged taxes. The "Trump was in on it" pronouncement, made in summations by prosecutor Joshua Steinglass, prompted strong opposition from defense lawyers after jurors left the courtroom for the day. One defense lawyer, Alan Futerfas, objected that Steinglass violated an agreement not to speculate to jurors about what Trump knew or didn't know. "The first problem of the 'prodigal son' narrative," Steinglass told jurors Thursday, "is he didn't steal from the company. The two Trump Organization subsidiaries face a maximum $1.6 million in penalties if convicted of conspiracy, scheme to defraud, and tax fraud.

☆ DA in Trump Org closings accuses Donald Trump of 'sanctioning tax fraud' — and implies 1 witness was paid off
▼ + stars: | 2022-12-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

In closings, a prosecutor took the extraordinary step of accusing Trump of "sanctioning tax fraud." This 2012 memo shows Donald Trump 'explicitly sanctioning tax fraud,' a prosecutor said in closing arguments on December 2, 2022, in the Trump Organization tax-fraud trial. multiple defense lawyers shouted when the prosecutor accused Trump of "sanctioning tax fraud," interrupting the closing arguments. Judge, we go back to the issue that he just argued Donald Trump was explicitly authorizing tax fraud," she complained. The Manhattan case charges two corporate subsidiaries — the Trump Corporation and the Trump Payroll Corporation, both doing business as the Trump Organization — with scheme to defraud, conspiracy and related tax-fraud crimes.

☆ Trump Org defense closings feature a clueless Donald Trump and a big little loophole
▼ + stars: | 2022-12-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

"Donald Trump was running a multi-billion-dollar corporate entity," one lawyer, Susan Necheles, told jurors of the Trump Organization's far-too-busy-for-fraud owner. But Weisselberg, she told jurors, hid his self-serving crimes from the Trumps, a family he'd worked for for more than 30 years. "You saw him on the witness stand almost crying" over betraying the Trump family, Necheles told jurors of the former finance chief, repeating for emphasis, "He was ashamed." "I ask you to remember that language," Necheles told the jury, reading it aloud. "The prosecution has been trying to convince you that Mr. Weisselberg's actions were done 'in behalf of' the company," Necheles said.

WASHINGTON — The Supreme Court on Tuesday rejected former President Donald Trump's last-ditch plea to block the release of his tax records to House Democrats, paving the way for their possible disclosure to the lawmakers. Earlier this month, Chief Justice John Roberts temporarily blocked the Ways and Means panel from accessing Trump’s tax records while the court decided how to act on Trump’s request. House Democrats, as well as the Biden administration, urged the court to reject Trump's request, saying their demand for the tax documents reflected a valid legislative purpose. Democrats have been calling for Trump to release his tax returns ever since the 2016 presidential campaign. While no law requires presidential candidates to release their tax returns, it has become the norm for both Democrats and Republicans to do so.

☆ Trump Org is battling prosecutors over 3 little words that could swing the New York tax-fraud trial
▼ + stars: | 2022-11-13 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

It's not enough, they'll be told, for Trump Org executives to get caught selfishly stuffing their pockets. Prosecutors, meanwhile, find the three words so worrisome, they asked the judge — unsuccessfully — to strike them from the case entirely. In defense of their love or hate of the three words, the sides have cited a gamut of arcane case law and other source material. Holtzman — who, as a US Congresswoman, voted to impeach Richard Nixon — is the author of "The Case For Impeaching Trump." Much of the case law being cited, the judge said, was not quite on point, including the bilge and thermometer decisions.

☆ First prosecution witness in Trump Org trial is still paid $450K a year — by the Trump Org
▼ + stars: | 2022-11-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Steinglass asked, in one awkward confrontation, as he labored to reacquaint himself in public with his own witness. Steinglass asked. Also paid for by the Trump Organization, McConney testified. "His attorney in fact is paid by the Trump Organization," Steinglass argued to the trial judge, state Supreme Court Justice Juan Merchan, outside the jury's hearing. Two subsidiaries of the Trump Organization — the Trump Corporation, which employs its executives, and the Trump Payroll Corporation, which pays those executives — are charged in a 15-year tax-dodge scheme.

☆ The Trump Org trial is suddenly derailed after DA's coughing witness tests positive for COVID-19
▼ + stars: | 2022-11-01 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Prosecutors' 1st witness in the Trump Organization tax fraud trial has tested positive for COVID-19. The trial was adjourned to Monday after Jeffrey McConney, the company's controller, fell ill.McConney had coughed throughout his testimony Monday afternoon and Tuesday morning. "It comes and goes," McConney, the trial's very first witness, apologized repeatedly as he sat unmasked in the witness stand and coughed throughout two days of testimony. The jury in the high-profile trial was brought into the courtroom and told by the judge that "someone in the well" had tested positive. Prosecutors allege that the Trump Organization ran a 15-year scheme to trick tax authorites by giving top executives significant compensation in the form of untaxed "perks" like luxury cars and rent-free Trump-branded apartments.

WASHINGTON — Former President Donald Trump on Monday asked the Supreme Court to block a congressional committee from accessing his tax records as a long-running legal battle reaches its final stage. The appeals court's decision not to reconsider its ruling means the tax returns will be disclosed if the Supreme Court does not immediately intervene. Democrats have been calling for Trump to release his tax returns ever since the 2016 presidential campaign. While no law requires presidential candidates to release their tax returns but it has become the norm for both Democrats and Republicans to do so. Most recently, the court on Oct. 13 rejected Trump’s request that a special master be allowed to review classified papers seized from his Mar-a-Lago residence.

☆ Read the worst things Manhattanites said about Trump in jury selection for the Trump Org tax-fraud trial.
▼ + stars: | 2022-10-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Some 60 Manhattanites were questioned for the Trump Organization's tax-fraud jury. Here are the worst things said about Donald Trump during jury selection this week, in the 15th floor courtroom where the Trump Organization — the former president's golf-resort and real-estate empire — is on trial for tax-fraud charges. Three people who expressed dislike for Trump during jury selection, but who promised to be fair — a full quarter of the jury — were seated. Then he added this, his tone conciliatory: "He's a small man, but he's not on trial here." One woman, an advertising executive, was booted after telling a fellow prospective juror, "there is no chance in hell" she could be impartial.

☆ A quarter of the jury in the Trump Organization criminal trial in Manhattan openly don't like Donald Trump
▼ + stars: | 2022-10-27 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

A full jury has now been selected to sit on the criminal tax-fraud trial of Donald Trump's business. Trump's company, the Trump Organization, is facing multiple charges, including scheme to defraud. "This is not about Donald Trump," but about his business, said Hoffinger, who is chief investigator for the Manhattan District Attorney's office. Two women who were chosen to sit on the jury on Monday said in court that they didn't like how Trump ran the country. One man was excused from the jury pool on Thursday after saying that Trump made him sick to his guts.

☆ A prospective juror in the Trump Org trial was excused after telling a judge Trump makes him so sick to his guts that serving in the trial would be unhealthy
▼ + stars: | 2022-10-27 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

A prospective juror in the tax fraud trial against Trump's business was excused after saying the former president makes him sick. "I don't feel like it's a very healthy thing for me to be here," the man told the Manhattan judge presiding over the trial. So far, seven jurors have been selected to sit on the panel in the high-profile state Supreme Court case. "I don't feel like it's a very healthy thing for me to be here," the man told Merchan before he was ultimately excused. So far, seven jurors have been selected to sit on the panel in the high-profile state Supreme Court case.

Search resuls for: "Trump Organization —"

25 mentions found