In a significant development in the legal saga surrounding former President Donald Trump, his company has agreed to pay $1.2 million to his former lawyer Michael Cohen to settle a lawsuit over legal bills.
Cohen sued Trump’s company in 2019, alleging that it had failed to pay him $1.3 million in legal fees related to his testimony to Congress and other investigations. Cohen had argued that Trump’s company had agreed to pay his legal fees in exchange for his silence about his work for Trump. Trump’s company had denied that it had made any such agreement.
The settlement brings an end to a long-running legal battle between Cohen and Trump. It is the first time that Trump has been forced to pay out money in connection with the investigations into his campaign and business dealings. The settlement also suggests that Trump’s company may have been willing to pay Cohen more money to keep him silent.
Cohen is a former Trump Organization executive who served as Trump’s personal lawyer for more than a decade. He pleaded guilty in 2018 to campaign finance violations and lying to Congress about his attempts to arrange a meeting between Trump and Russian officials during the 2016 presidential campaign. He is currently serving a three-year prison sentence.
The settlement does not resolve any of the criminal charges that Cohen has pleaded guilty to. It also does not prevent Cohen from cooperating with ongoing investigations into Trump and his associates.
The settlement is a significant development in the legal saga surrounding Trump. It is a sign that Trump’s company is willing to pay out money to settle lawsuits, even if it means admitting wrongdoing. It also suggests that Trump may have been willing to pay Cohen more money to keep him silent.
The settlement is likely to be seen as a victory for Cohen, who had been seeking to recover the legal fees he incurred while cooperating with investigators. It is also a victory for the prosecutors who have been investigating Trump and his associates, as it provides them with more evidence of wrongdoing.
The settlement is a reminder that the legal saga surrounding Trump is far from over. There are still a number of investigations ongoing, and it is possible that Trump could face additional legal challenges in the future.
Source: With Agencies