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New York Appeals Court Dismisses Letitia James’ Case Against Ivanka Trump

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OPINION: This article may contain commentary which reflects the author's opinion.


New York Attorney General Letitia James has suffered a setback in her case against the business of former President Donald Trump and his family.

A New York Appeals Court dismissed the civil lawsuit against former first daughter Ivanka Trump and other members of the Trump Organization, ABC News reported.

New York Attorney General Letitia James last year sued Ivanka Trump, Eric Trump and Donald Trump Jr., alleging they, their father and certain Trump Organization executives schemed to adjust the value of the family real estate portfolio when pursuing loans or seeking tax breaks. The lawsuit seeks $250 million.

The New York Appellate Division’s First Department on Tuesday dismissed the claims against Ivanka Trump, ruling that the statute of limitations in her case had expired because she was no longer part of the Trump Organization by 2016.

“The record before us … indicates that defendant Ivanka Trump was no longer within the agreement’s definition of ‘Trump Organization’ by the date the tolling agreement was executed,” the court said.

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“The allegations against defendant Ivanka Trump do not support any claims that accrued after February 6, 2016. Thus, all claims against her should have been dismissed as untimely,” it said.

But James is not surrendering in her apparently never ending battle against the former president.

“There is a mountain of evidence that shows Mr. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for significant economic gain,” a spokesperson for her office said after Tuesday’s ruling. “Those facts haven’t changed.”

The appeals court remanded the lawsuit’s claims against the other members of Trump’s family to a trial court to “determine, if necessary, the full range of defendants bound by the [August 2021] tolling agreement.”

In 2022 James issued a press release regarding the case.

“The lawsuit alleges that Donald Trump, with the help of his children Donald Trump, Jr., Ivanka Trump, and Eric Trump, and senior executives at the Trump Organization, falsely inflated his net worth by billions of dollars to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, to induce insurers to provide insurance coverage for higher limits and at lower premiums, and to gain tax benefits, among other things,” she said.

In the meantime, Manhattan District Attorney Alvin Bragg got some tough news in his case against former President Trump over alleged hush money payments to adult movie performer Stormy Daniels.

The case, which many legal experts believe is flimsy to start with, appears that it will have to be adjourned while a federal case against Trump over his alleged mishandling of classified documents is set to start.

New York’s Democratic attorney general, Letitia James, made a major announcement regarding former President Trump and his Trump Organization.

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In a press conference, James — whose office has been investigating Trump and his businesses for more than a year — announced that her office was suing the Trump Organization for $250 million, alleging numerous violations.

“The wide-ranging lawsuit alleges decades of deception and relies on a statute for repeat violations of law. The suit stems from a 3.5 year investigation that began with Michael Cohen’s testimony to Congress alleging Trump inflated value of assets to win favorable financial deals,” noted Politico’s senior legal affairs reporter Kyle Cheney in a tweet.

James added: “The complaint demonstrates that Donald Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the system, thereby cheating all of us.”

Politico notes further:

The attorney general’s civil suit alleges more than a decade of deception, including billions of dollars in falsified net worth, as part of an effort to minimize his companies’ tax bills while winning favorable terms from banks and insurance companies. It seeks about $250 million in allegedly illegal profits netted from the scheme, as well as a five-year ban on the former president, Donald Trump Jr., Ivanka Trump and Eric Trump participating in any real estate transactions–a restriction that would spell the end of the Trump real estate empire. In addition, it seeks a permanent ban on the former president and his family members involved in his business enterprises from serving as directors or officers of any New York corporation or business licensed in the state.

James’s suit relies on a special statute for repeat instances of alleged violations of the law, stemming from real estate transactions. She is also filing a criminal referral to federal prosecutors in Manhattan and a separate tax fraud referral to the IRS for the same underlying allegations.

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