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Trump’s Legal Battles Heat Up: A $500 Million Fraud Judgment at Stake

In a dramatic turn of events, Donald Trump’s legal team is currently embroiled in a fierce battle to challenge a civil fraud ruling that could cost the former president nearly half a billion dollars.

This unfolding saga is taking place in New York, where CBS News campaign reporter and attorney Katrina Kaufman reported live from the appeals court, shedding light on the latest developments.

The crux of the matter lies in a civil fraud case against Trump, which resulted in a staggering judgment of almost $500 million.

To add fuel to the fire, this amount is racking up interest at an alarming rate of over $100,000 each day.

Trump’s attorneys are vehemently arguing that the magnitude of this judgment is not only excessive but fundamentally unjust.

They contend that some of the accusations were made beyond the statute of limitations, raising questions about the validity of the New York attorney general’s application of the law in this instance.

Kaufman provided insight into the appellate arguments she witnessed, noting that a panel of five judges expressed skepticism regarding the case.

One judge even described the size of the judgment as “troubling,” while others questioned whether Attorney General Letitia James was overstepping her bounds with the legal statutes invoked.

The judges pointed out that the parties involved are sophisticated private entities and suggested that no significant harm had been demonstrated.

As the legal drama unfolds, the timeline for a decision remains uncertain.

It’s unclear whether the judges will reach a verdict before the upcoming election.

However, the apparent doubts raised by at least two judges could signal potential challenges ahead for the judgment.

Turning to Trump’s other legal predicaments, there’s anticipation surrounding a significant filing from special counsel Jack Smith.

This development is poised to introduce new elements to Trump’s ongoing legal woes.

Smith is expected to present an opening brief concerning presidential immunity, which will outline both established and emerging facts against the former president.

This upcoming briefing is noteworthy not just for its content but also for its length.

Smith has requested permission to extend this document to 180 pages—four times the typical size for such filings.

Despite Trump’s attempts to contest this request, Judge Chetkin granted Smith the go-ahead, indicating the seriousness of the allegations at play.

The implications of this brief are substantial, as it seeks to persuade the judge that the claims against Trump in the election interference case hold weight under the Supreme Court’s ruling on presidential immunity.

However, the public may not have immediate access to all the details.

Reports suggest that parts of the filing could be submitted under seal, with a redacted version made available later.

As this legal whirlwind continues, observers are keenly awaiting the release of new evidence and information that could emerge from Smith’s filing.

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