Judge issues sweeping order preventing Trump from moving assets without first reporting it

New York Supreme Court Justice Arthur Engoron this week ordered that Donald Trump and his business associates must report on any movement of assets or creation of new business entities.

In a ruling issued on Thursday, Engoron said that Trump, Eric Trump, Allen Weisselberg, and Jeffrey McConney must report to Independent Monitor Barbara Jones.

Engoron noted that his September summary judgment against Trump ordered that "any certificates filed under and by virtue of GBL § 130 by any of the entity defendants or by any other entity controlled or beneficially owned by Donald J. Trump, Donald Trump Jr., Eric Trump, Allen Weisselberg, and Jeffrey McConney are canceled."

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The judge said that potential receivers must be named by Oct. 26.

Engoron gave the defendants seven days to provide Jones "with a list of all entity defendants and any other entities controlled or beneficially owned by Donald J. Trump, Donald Trump Jr., Eric Trump, Allen Weisselberg, and Jeffrey McConney that have existing certificates."

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The order said that Jones must be notified of any new business certificates, the creation of new business entities, and the anticipated transfer of assets, liabilities, or other entities.