A New York Court judge has denied former U.S. president, Donald Trump’s request to delay payment of the $464 million owed to the state after Attorney General Letitia James’ lawsuit.
The Judge will temporarily allow the 2024 front-runner and his sons to continue running their business during the appeals process, according to Fox News.
Trump and his sons Donald Trump Jr. and Eric Trump were barred earlier this month from operating their business in New York for a range of two to three years. Trump was also found liable for hundreds of millions of dollars in damages in the civil fraud case brought against him, his family and the Trump Organization by New York Attorney General Letitia James.
The former president is appealing the ruling.
On Wednesday, though, a New York Appeals Court judge ruled that the former president must post a bond for the full amount of the judgment and the independent director of compliance will be appointed.
The judge will temporarily allow Trump and his sons to continue running the business as they appeal the decision.
The filing is a temporary order before the motion goes before the full Appeals Court. James’ brief to the panel is due March 11, and Trump's replies are due March 18.
The ruling comes after New York Judge Arthur Enhoron handed down his decision earlier in February after a months-long trial beginning in October and stemming from James' lawsuit alleging the former president inflated his assets and committed fraud.
Engoron ruled that Trump and other defendants were liable for "persistent and repeated fraud," "falsifying business records," "issuing false financial statements," "conspiracy to falsify false financial statements," "insurance fraud" and "conspiracy to commit insurance fraud."
The judge also barred Donald Trump Jr. and Eric Trump from serving as an officer or director of any New York corporation or legal entity in New York for two years.