New York AG Letitia James Has Global Powers to Pursue Trump’s Assets
New York Attorney General Letitia James granted broad new powers by a recent court ruling in her $454 million fraud lawsuit against Donald Trump. According to a corporate lawyer interviewed by MSNBC, James can target Trump’s assets “across the world”. As part of enforcing the judgment against the former president. This global pursuit ability is virtually unprecedented for a state AG.
Renee Zaytsev, the lawyer interviewed by MSNBC, explain that James is not confined to just Trump’s New York properties in collecting what she is owed. “She any actually do that for any asset that Trump owns, no matter where it is located—across the country, across the world,” Zaytsev stated. This means that James can pursue real estate, stock, LLC interests, intellectual property, vehicles and more owned by Trump internationally.
James’ Global Reach
James’ global powers allow her to “freeze his bank accounts”. Wherever they are and “seek an order, directing that Trump turn over” assets from other countries according to Zaytsev. This includes properties like Trump’s Scottish and Irish golf courses. It also means that James can target assets in any of the over 100 countries. That have mutual legal assistance treaties with New York. No other state AG has ever had authority of this scale and breadth. Before to pursue a defendant’s worldwide interests and holdings.
While Trump claims he cannot pay the $454 million judgment immediately, James is already taking steps to enforce it. She registered the ruling in multiple New York counties making it easier to seize Trump’s domestic properties. And with her new global powers bestowed by the courts, attorney Letitia James can pursue the former president’s assets virtually anywhere on earth. As part of the largest fraud lawsuit in New York history.