The verdict in former President Donald Trump’s New York civil business fraud trial has been delayed, with Judge Arthur Engoron expected to announce it in early to mid-February.
New York Attorney General Letitia James seeks to fine Trump over $370 million for allegedly misleading the value of his company’s assets.
Trump and Engoron have clashed during the trial, with the judge rescinding some of Trump’s business licenses and rejecting his attempt to give his own closing argument.
Trump’s defense argues that his financial statements were unaudited estimates and that lenders made informed decisions.
“There have been no losses to any party, as the loans here were negotiated between very sophisticated parties,” Trump’s attorneys Christopher Kise and Michael T. Madaio wrote.
“Lenders made their own informed decisions,” they wrote.
In a separate trial, a jury ruled against Trump, ordering him to pay writer E. Jean Carroll $83.3 million in damages for defamation.
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