Not exactly, they just ordered the dissolution of the LLCs in NY.

https://abc7ny.com/donald-trump-news-today-president/13831659/#:~:text=The%20judge%20immediately%20canceled%20all%20of%20the%20defendants%27%20business%20certificates%20in%20New%20York%2C%20and%20ordered%20that%20they%20must%20recommend%20no%20more%20than%20three%20potential%20independent%20receivers%20to%20manage%20the%20dissolution%20of%20the%20canceled%20LLCs%20within%2010%20days.

Basically, this is a common practice in real estate, to set up each and every building you own as its own separate business (in the form of an LLC), for both tax and liability purposes. They're not "dissolving the Trump Group", and they can't even touch the non NYC buildings he owns.

The only thing they CAN do is force him to create new LLCs outside of NYC and NY to now own and operate the properties, which is basically what they're doing. Essentially, the only thing they've successfully done is lose business tax revenue, since there's a 99% chance that Trump will just set up a few LLCs that are owned by independent Trusts in Florida (of more smartly, South Dakota, Delaware, or Nevada), and then everything is settled.

Not exactly, they just ordered the dissolution of the LLCs in NY.

https://abc7ny.com/donald-trump-news-today-president/13831659/#:~:text=The%20judge%20immediately%20canceled%20all%20of%20the%20defendants%27%20business%20certificates%20in%20New%20York%2C%20and%20ordered%20that%20they%20must%20recommend%20no%20more%20than%20three%20potential%20independent%20receivers%20to%20manage%20the%20dissolution%20of%20the%20canceled%20LLCs%20within%2010%20days.

Basically, this is a common practice in real estate, to set up each and every building you own as its own separate business (in the for of an LLC), for both tax and liability purposes. They're not "dissolving the Trump Group", and they can't even touch the non NYC buildings he owns.

The only thing they CAN do is force him to create new LLCs outside of NYC and NY to now own and operate the properties, which is basically what they're doing. Essentially, the only thing they've successfully done is lose business tax revenue, since there's a 99% chance that Trump will just set up a few LLCs that are owned by independent Trusts in Florida (of more smartly, South Dakota, Delaware, or Nevada), and then everything is settled.