Donald Trump has a LOT to lose in his New York Civil Fraud case….

Hundreds of Millions of Dollars are at stake in a case that he has lost already….

The trial is JUST about how much….

And Trump in a place he probably has never been before?

Is doing himnself NO favor by beating on the judge and prosocutor that have the final say on the case….

Oh?

A yesterday he went out of way to incriminate himself further…..

Humpty Dumpty comes to mind….

Former President Donald Trump is at risk of losing the New York real estate empire that the rest of his career was built on.

The big picture: Forcibly dismantling Trump’s company is so unusual that no one is quite certain how it would play out.

State of play: Trump already has been found to have inflated the value of his New York assets, via a partial summary judgment. The case now is in its penalty phase — and Trump testified yesterday, drawing a rebuke from the judge after veering off topic in his answers.

Details: In an earlier phase of the trial, the judge granted New York Attorney General Letitia James’ request to cancel state business certificates that effectively allow many of Trump’s properties to operate.

• Trump successfully appealed that part of the lower court’s ruling, but the possibility could come back once the trial concludes.

How it works: If the business certificates were canceled, the relevant assets — which include Trump Tower, Trump Park Avenue, 40 Wall Street, and Trump National Golf Course Hudson Valley — would be put under the control of a court-appointed receiver, who operates much like an executor of an estate.

• The receiver would continue to manage the properties, but also could be allowed by the court to sell some — particularly if cash was needed to pay off legal penalties or creditors.
• Trump, who views himself as a consummate dealmaker, wouldn’t be at the negotiating table…..

More….