Potential Trump Settlement Talks Surface in NY Fraud Case, Court Reporters Reveal

Potential Trump Settlement Talks Surface in NY Fraud Case, Court Reporters Reveal

Speculation of settlement talks emerged on Tuesday at the Manhattan courthouse where the civil fraud trial against former President Donald Trump is being held. According to reporter Frank Runyeon, there was a “very curious” 25-minute delay in the trial after an afternoon break. Trump’s attorney, Alina Habba, left the chambers alone before the New York attorney general’s team entered. Runyeon connected this incident to Trump’s recent complaints about a “low-ball settlement offer.” Trump’s legal team has already appealed Judge Arthur Engoron’s pre-trial summary judgment, which held Trump, his sons, and his company accountable for persistent fraud. They have also indicated their intention to seek a mistrial. MSNBC legal analyst Lisa Rubin, who has been reporting from the courthouse, also reported “rumblings” of settlement negotiations based on private conversations observed between the parties and the court. Rubin suggested that Habba, as Trump’s outside counsel and legal spokesperson for his Save America PAC, may be well-positioned to negotiate on behalf of Trump. This speculation was further fueled by Trump’s social media post claiming that Judge Engoron had asked him to settle for a lower amount, which Trump refused. Rubin pointed out that the only publicly reported settlement conversations were from September 2022, prior to the filing of the lawsuit. The possibility of settlement has generated interest and former U.S. Attorney Harry Litman tweeted that more information regarding settlement talks may emerge soon. However, some doubt the likelihood of a settlement, with The Daily Beast’s Jose Pagliery suggesting it would be unlikely for both the Trumps and the New York attorney general to agree to end the trial. Despite this, Pagliery noted that the judge could potentially impose significant fines on Trump, and the Trump Organization might face receivership. New York attorney Paul Golden stated that while Trump settled the Trump University case in 2018, a settlement in the current fraud case could be perceived differently by the public. Golden highlighted the complex considerations Trump would need to make, including the impact on his brand, businesses, and real estate, as well as the potential fines at stake. He also noted that the case is unusual because most attorneys do not have to consider how a settlement might affect their client’s ability to win the presidency.