Attorneys for President Donald Trump and his family charitable foundation have agreed to a plan to dissolve the Trump Foundation and its assets under the supervision of a state judge, New York Attorney General Barbara Underwood said Tuesday.

The stipulation does not affect the rest of the litigation, which seeks $2.8 million in restitution from the Trump Foundation and to ban Trump and his children from serving on the board of a nonprofit for a number of years.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]