Trump Fraud Trial: Judge Rescinds Asset-Sale Order, Keeping Empire Intact

Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth, but one thing missing from the judge’s order was an earlier edict to dissolve all the companies the billionaire owns in the state.

In a surprise move, Justice Arthur Engoron backed off Friday when he issued punishments in the civil fraud case, walking back his earlier ruling and leaving Trump’s control over his New York empire largely intact — for now. Instead, the judge said any decision about forced sales would depend on what two appointed monitors learn about individual Trump businesses.