The New York Times reports:

A New York judge on Monday held Donald J. Trump in contempt of court for failing to turn over documents to the state’s attorney general, an extraordinary rebuke of the former president.

The judge, Arthur F. Engoron, ordered Mr. Trump to comply with a subpoena seeking records and assessed a fine of $10,000 per day until he satisfied the court’s requirements. In essence, the judge concluded that Mr. Trump had failed to cooperate with the attorney general, Letitia James, and follow the court’s orders.

“Mr. Trump: I know you take your business seriously, and I take mine seriously,” remarked Justice Engoron of State Supreme Court in Manhattan, before he held Mr. Trump in contempt and banged his gavel.

Alina Habba, a lawyer for Mr. Trump, said she intended to appeal the judge’s ruling.

Still, the ruling represents a significant victory for Ms. James, whose office is conducting a civil investigation into whether Mr. Trump falsely inflated the value of his assets in annual financial statements.

In January, Ms. James, a Democrat, said her office had concluded that the Trump Organization had engaged in “fraudulent or misleading” practices involving the statements. But she said she would continue to investigate before deciding whether to sue Mr. Trump or his company. [Continue reading…]