Delaware

Trump’s New Delaware Entity Warrants Asset Restriction, NY Says

Published

2 years ago

October 13, 2022

Trump’s New Delaware Entity Warrants Asset Restriction, NY Says

On the identical day Donald Trump was hit with a $250 million civil-fraud go well with by the state of New York, the previous president’s real-estate firm registered a brand new entity primarily based in Delaware that would probably be used to protect his asserts, a Manhattan choose was instructed.

The registration of “Trump Group II LLC” with New York officers on Sept. 21 raised issues that Trump “could also be in search of to maneuver property out of state,” New York Lawyer Common Letitia James stated in a courtroom submitting Thursday in search of to limit such transfers.

James requested the courtroom to difficulty a preliminary injunction barring the defendants from shifting any important property in the course of the litigation. An injunction is important to make sure the Trump Group has ample funds “to fulfill any disgorgement award” within the case, and since the allegedly fraudulent scheme is “ongoing,” James stated in a press release.

Her request for an injunction is a major escalation in a lawsuit that accuses Trump, three of his kids and his New York-based firm of inflating the previous president’s web value for years by billions of {dollars} to deceive banks and insurers.

“Donald Trump and the Trump Group have continued those self same fraudulent practices and brought measures to evade accountability” because the go well with was filed Sept. 21, stated James, a Democrat.

Learn Extra: Trump Sued by New York Over ‘Fraudulent’ Asset Valuations

James argues an injunction is warranted partially as a result of Trump’s firm could also be trying to restructure its enterprise by means of Trump Group II LLC, which was integrated in Delaware on Sept. 15, lower than per week earlier than the broadly anticipated go well with was filed.

“That entity is a international company that was integrated in Delaware,” James stated. “The Trump Group has since refused to supply any assurance that it’s going to not search to maneuver property out of New York to evade authorized accountability.”

Trump lawyer Alina Habba stated an injunction isn’t mandatory as a result of Trump’s firm has promised to not have interaction in improper conduct. She additionally renewed the previous president’s declare that James is utilizing the litigation to advance her political profession. She didn’t instantly reply to a query concerning the function of the brand new Trump entity.

“We now have repeatedly supplied assurance, in writing, that the Trump Group has no intention of doing something improper,” Habba stated in a press release. “That is merely one other stunt which Ms. James hopes will help her failing political marketing campaign.”

The lawyer common stated Trump’s firm must also be required to make sure new monetary disclosures to banks and insurers “comprise all supporting and related materials.” James is also in search of the appointment of an impartial monitor to make sure compliance with the proposed order.

Alan Garten, a lawyer for the Trump Group, didn’t reply to a message in search of remark.

The lawyer common stated she’s additionally in search of courtroom permission to serve Trump and his son Eric Trump electronically as a result of they and their legal professionals “have refused to simply accept service of the complaints for nearly a month.”

James alleged in her go well with that Trump and his firm from 2011 to 2021 inflated the worth of quite a few properties, together with a Decrease Manhattan skyscraper, his Fifth Avenue penthouse house and his Florida property, Mar-a-Lago, to acquire extra favorable mortgage phrases, cheaper insurance coverage, decrease tax payments and different “unimaginable monetary advantages.”

The case is New York v. Donald Trump, 452564/2022, New York Supreme Court docket, County of New York

(Updates with element on Trump’s new Delaware entity)

To contact the reporter on this story:
Erik Larson in New York at elarson4@bloomberg.web

To contact the editors accountable for this story:
Katia Porzecanski at kporzecansk1@bloomberg.web

Steve Stroth

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Delaware

East Coast Has a New Drought Worry

Published

7 hours ago

November 27, 2024

Press Room

Salty ocean water is creeping up the Delaware River, the source for much of the drinking water for Philadelphians and millions of others, brought on by drought conditions and sea level rise, and prompting officials to tap reservoirs to push the unpotable tide back downstream. Officials say drinking water isn’t imminently at risk yet, but they’re monitoring the effects of the drought on the river and studying options for the future in case further droughts sap the area, per the AP.

What is the salt front? The salt front, or salt line, is where salt water from the ocean and fresh water meet in the river. That boundary is typically somewhere around Wilmington, Delaware, but the recent drought has pushed it about 20 miles north.

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Delaware

Delaware Lottery Mega Millions, Play 3 Day winning numbers for Nov. 26, 2024

Published

15 hours ago

November 27, 2024

Press Room

Delaware Lottery Mega Millions, Play 3 Day winning numbers for Nov. 26, 2024

The Delaware Lottery offers several draw games for those aiming to win big. Here’s a look at Tuesday, Nov. 26, 2024 results for each game:

Winning Mega Millions numbers from Nov. 26 drawing

05-22-24-39-42, Mega Ball: 03, Megaplier: 3

Check Mega Millions payouts and previous drawings here.

Winning Play 3 numbers from Nov. 26 drawing

Day: 8-2-9

Night: 7-2-2

Check Play 3 payouts and previous drawings here.

Winning Play 4 numbers from Nov. 26 drawing

Day: 2-1-9-9

Night: 9-5-9-0

Check Play 4 payouts and previous drawings here.

Winning Multi-Win Lotto numbers from Nov. 26 drawing

03-05-09-17-24-33

Check Multi-Win Lotto payouts and previous drawings here.

Winning Lucky For Life numbers from Nov. 26 drawing

27-29-32-33-47, Lucky Ball: 02

Check Lucky For Life payouts and previous drawings here.

Winning Play 5 numbers from Nov. 26 drawing

Day: 5-1-8-7-3

Night: 0-2-3-7-4

Check Play 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

Sign the Ticket: Establish legal ownership by signing the back of your ticket with an ink pen.
Prizes up to $599: Claim at any Delaware Lottery Retailer, in person at the Delaware Lottery Office, or mail your signed ticket and claim form; print your name/address on the ticket’s back and keep a copy/photo for records. By mail, send original tickets and documentation to: Delaware Lottery, 1575 McKee Road, Suite 102, Dover, DE 19904.
Prizes up to $2,500: Claim in person at Delaware Lottery Retailer Claim Centers throughout Kent, Sussex and New Castle Counties.
Prizes of $5,001 or more: Claim in person at the Delaware Lottery Office (business days 8 a.m. to 4 p.m.) with a photo ID and Social Security card.
For all prize claims, directions to the Delaware Lottery Office are available online or via mapquest.com for a map.

Check previous winning numbers and payouts at Delaware Lottery.

Can I claim a jackpot prize anonymously in Delaware?

Fortunately for First State residents, the Delaware Lottery allows winners remain anonymous. Unlike many other states that require a prize be over a certain jackpot, Delawareans can remain anonymous no matter how much, or how little, they win.

How long do I have to claim my prize in Delaware?

Tickets are valid for up to one year past the drawing date for drawing game prizes or within one year of the announced end of sales for Instant Games, according to delottery.com.

When are the Delaware Lottery drawings held?

Powerball: 10:59 p.m. Monday, Wednesday, and Saturday.
Mega Millions: 11:00 p.m. on Tuesday and Friday.
Play 3, 4: Daily at 1:58 p.m. and 7:57 p.m., except Sunday afternoon.
Multi-Win Lotto: 7:57 p.m. Monday, Wednesday, and Friday.
Lucky for Life: Daily at 10:38 p.m.
Lotto America: 11:00 p.m. Monday, Wednesday, and Saturday

Missed a draw? Peek at the past week’s winning numbers.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Delaware Online digital operations manager. You can send feedback using this form.

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Delaware

3 Found Dead In Apparent Murder-Suicide In Delaware County

Published

22 hours ago

November 26, 2024

Press Room

3 Found Dead In Apparent Murder-Suicide In Delaware County

Authorities are investigating an apparent murder-suicide after three people, including two children, were found dead inside a vehicle near Highway 85 and East 340 Road early Saturday.

The Delaware County Sheriff’s Office responded to a report of an abandoned vehicle around 6 a.m. Upon arrival, deputies discovered the bodies of Alisia Peña, 38, of Tulsa, and her two children, both under the age of 10.

Preliminary findings indicate that Peña shot the children before taking her own life. The Office of the Chief Medical Examiner is working to determine the official cause and manner of death.

“At this time we are still trying to determine why she was in the area, there’s no none known family or contacts of hers that are in the area.,” said Cpt. Jackie Smithson, with the Delaware County Sheriff’s Office.

Deputies say they plan to interview family members next week to determine why this happened.

No additional details are being released at this time.

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