Michael Cohen may have just gotten a huge setback in his attempt to block Michael Avenatti from appearing in his criminal case
Everyone seems to think that this is a big deal..I'm not sure why--just one more lawyer in the mix...what's the big deal?
"President Donald Trump's longtime attorney, Michael Cohen, just received what could be a huge setback in his attempt to block Stormy Daniels' attorney, Michael Avenatti, from appearing in the criminal case taking place in the Southern District of New York that followed the FBI raids on Cohen's home, office, and hotel room last month.
The potential setback came late Monday afternoon when the US attorney's office for the Southern District of New York opted against taking a position on Avenatti appearing in the case, which he petitioned US District Judge Kimba Wood to do.
Wood asked both the government and Cohen to say whether they opposed Avenatti's motion before Thursday."
It does seem as though Cohen is in a heap of trouble...Avenatti or no:
Michael Cohen is digging himself into an increasingly deep hole as he faces legal headaches on multiple fronts
"The other, stickier legal issue that could cause problems for Cohen involves bank fraud. For starters, Cohen may have misled a bank in using his home equity line of credit to obtain the money to pay Daniels.
Additionally, in opening Essential Consultants LLC — the company Cohen used to facilitate the Daniels payment — Cohen may have made false statements about what the purpose of that LLC was for.
As The New Yorker wrote earlier this week, Cohen appeared to mislead First Republic Bank regarding the purpose of the LLC, telling the bank it would be devoted to using "his experience in real estate to consult on commercial and residential" deals and would be used for modest transactions based within the US."
The payments may cause Cohen more legal trouble, as First Republic Bank wrote of the attorney's LLC per the New Yorker, that "a significant portion of the target account deposits continue to originate from entities that have no apparent connection to real estate or apparent need to engage Cohen as a real estate consultant," while "a significant portion of the deposits continues to be derived from foreign entities."
Everyone seems to think that this is a big deal..I'm not sure why--just one more lawyer in the mix...what's the big deal?
"President Donald Trump's longtime attorney, Michael Cohen, just received what could be a huge setback in his attempt to block Stormy Daniels' attorney, Michael Avenatti, from appearing in the criminal case taking place in the Southern District of New York that followed the FBI raids on Cohen's home, office, and hotel room last month.
The potential setback came late Monday afternoon when the US attorney's office for the Southern District of New York opted against taking a position on Avenatti appearing in the case, which he petitioned US District Judge Kimba Wood to do.
Wood asked both the government and Cohen to say whether they opposed Avenatti's motion before Thursday."
It does seem as though Cohen is in a heap of trouble...Avenatti or no:
Michael Cohen is digging himself into an increasingly deep hole as he faces legal headaches on multiple fronts
"The other, stickier legal issue that could cause problems for Cohen involves bank fraud. For starters, Cohen may have misled a bank in using his home equity line of credit to obtain the money to pay Daniels.
Additionally, in opening Essential Consultants LLC — the company Cohen used to facilitate the Daniels payment — Cohen may have made false statements about what the purpose of that LLC was for.
As The New Yorker wrote earlier this week, Cohen appeared to mislead First Republic Bank regarding the purpose of the LLC, telling the bank it would be devoted to using "his experience in real estate to consult on commercial and residential" deals and would be used for modest transactions based within the US."
The payments may cause Cohen more legal trouble, as First Republic Bank wrote of the attorney's LLC per the New Yorker, that "a significant portion of the target account deposits continue to originate from entities that have no apparent connection to real estate or apparent need to engage Cohen as a real estate consultant," while "a significant portion of the deposits continues to be derived from foreign entities."
