News and Events for Attorneys and Executives

Judge to Trump Firms: Save Records for AGs’ Emoluments Lawsuit

By on December 1, 2017 in Commercial, Government, Litigation-Business

Twenty-three Trump businesses including his Mar-a-Lago Club must retain records after they receive subpoenas from the attorneys general in Maryland and the District of Columbia as part of a lawsuit accusing the president of profiting from his office, Bloomberg reports.

A U.S. district judge granted the Democratic officials’ request to serve so-called preservation subpoenas, which require the businesses to retain documents but not to immediately produce them, accordingn to reporter Andrew W. Harris.

The AGs claim that the president’s continued ownership of his business empire allows him to make money from foreign and domestic governments.

Read the Bloomberg article.