Melissa L. Jampol and Gretchen Harders, Members of the Firm in the New York office, were quoted in The Daily Beast, in “Trump Organization Indictment May Spell Trouble for Ivanka, Don Jr., and Eric Trump,” by Roger Sollenberger.

Following is an excerpt:

The indictment filed last week against the Trump Organization and its long-time chief financial officer Allen Weisselberg isn’t heavy on names, but there’s one major exception: a list of seven Trump Organization companies—including one where Ivanka Trump held an executive role for eight years.

While it’s impossible to know what charges are still to come, legal experts say the indictment for Weisselberg last week suggests bigger targets are in line, potentially including the former president’s adult children.

“Since this indictment is in a New York state court, prosecutors are allowed to name these companies, whereas in federal court they could not,” Melissa Jampol, a former assistant U.S. attorney who now practices business law at Epstein Becker Green, told The Daily Beast. “Based on my experience, everything’s in there for a reason.” …

Ivanka’s financial disclosures show that from 2009 to 2017, she was vice president of one of the companies named in the indictment—Trump Las Vegas Development LLC. According to federal disclosures, that company was established to collect development fees on Trump Ruffin Tower, a combination hotel-condo building in Las Vegas.

But those disclosures also show the company’s underlying value isn’t clear, and its income has swung wildly. The business posted no income at all in 2014 and 2015, then hauled $8.1 million in 2016 before reporting no income again in 2017, the year Ivanka left the company. It pulled in a little over $3 million annually for the next two years, then went dormant.

“There has to be a real business purpose to the company,” [Gretchen Harders] said. “So what are these entities doing? Are they actually engaging in business, or are they just there to pay compensation some years? You really have to be performing consulting services to qualify as a consultant.”

Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.