Kayla Epstein
US reporter

Engoron ruled that Barbara Jones will continue in her role as independent monitor of the Trump Organization for "no less than three years".

A monitor has oversight of the business and its financials, but does not run it. They serve as a conduit back to the court, but do not have sway over major decisions.

A monitor is "looking at everything and they are reporting back to the court when they see irregularities", says former federal prosecutor Diana Florence.

Under their watch, a company “doesn’t have the ability to do under-the-table things".

One of the rulings we've just read is that Donald Trump and the Trump Organization and its affiliates are banned from applying for loans from any financial institution chartered by or registered with the New York State Department of Financial Services.

That will last for for a period of three years.

We're still going through the 92-page ruling so will bring you more as we get it.

Kayla Epstein
US reporter

Donald Trump, Jr and Eric Trump, who run the Trump Organization together, have each been found liable to pay $4,013,024 (£3,184,294).

Allen Weisselberg, the former chief operating officer of the Trump Organization, is liable for $1,000,000 (£793,500).

It's not just a fine that Trump and his sons are receiving - the way they conduct business in New York is also being restricted too.

In his decision, Justice Engoron says an independent monitor will continue to oversee Trump Organization businesses.

Trump is banned from doing business in New York for three years, and his sons Eric and Donald Jr. are barred for two years.

We’ve just had the judge’s final ruling in Trump’s civil fraud trial in New York City.

Trump and his organisation have been found liable to pay $354,868,768 (£281m).

We’re still combing through the ruling but will bring you all the key bits from it shortly.

Judge Engoron has just released his written judgement in Donald Trump's civil fraud trial.

We're going through it now.

Image source, Reuters

As we continue to wait for Judge Engoron's ruling, here are the key things to know in this case:

1. The stakes are high. A defeat would mark a significant blow to the real estate empire that propelled Trump to national recognition. Trump has repeatedly pointed to his achievements in the New York real estate market as a source of personal pride
2. It involves his children. Donald Jr and Eric are co-defendants in the case. The two took over the management of the Trump Organization in 2017, the year their father became president
3. The central claim in case already settled. Before the start of the trial, Justice Arthur Engoron ruled that Trump had misrepresented his wealth by millions of dollars. We're now waiting to hear how much he must pay
4. No jury - just one judge and one attorney general. Engoron and Letitia James - both Democrats - sparred with Mr Trump and his legal team over the course of the trial
5. This is one of several cases he faces. This civil case is one of several ongoing legal battles the current Republican presidential frontrunner is facing - including four criminal cases you can read about here

More here.

Kayla Epstein
US reporter

Image source, EPA

Donald Trump and his lawyers took an aggressive tone with Justice Engoron throughout the trial.

The lead attorneys, Chris Kise and Alina Habba, repeatedly alleged political bias from the judge and his court clerk, which prompted rebukes from the bench.

Trump, meanwhile, attacked the court clerk on his Truth Social account, and wound up fined and under a gag order as a result.

When he finally got on the stand on 6 November, Trump was far more combative than a typical witness, declaring the proceedings "an unfair trial" and declaring the prosecution was "all Trump haters". At one point, Engoron told Kise to “control your client".

Legal experts told the BBC that they could have been trying to prod the judge into making a mistake or create grounds for an appeal. But it was a risky tactic, they said. You can read more about it here.

Today's expected ruling on Donald Trump’s fraud case in New York is only one part of the legal and political drama playing out in a very busy election year.

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Nada Tawfik, Madeline Halpert, & Kayla Epstein
New York

In a deposition in this case, Trump said he had $400m in cash on hand (although we could not verify that sum independently).

But with his other legal liabilities and fees, that would not be enough to cover a new $370m fine - which is what the prosecution is asking for.

"He's got to think about what to do with his assets, how to perhaps liquidate businesses to come up with that money," says Sarah Kristoff, a former federal prosecutor.

Much of Trump's fortune is tied to his real estate ventures. Forbes found his New York real estate empire to be valued at $490m (£384m) including Trump Tower worth $56m. His portfolio includes many other properties around the country, including golf courses, hotels and even a winery.

His stake in the Trump Media & Technology Group, which operates the Truth Social messaging platform, is estimated to be worth almost $4bn. But how investors value that firm has swung wildly in recent months; and under the terms of the deal, he would not be allowed to sell shares to raise money right away.

Image source, EPA

This fraud ruling marks an end to a busy week for Donald Trump.

Just yesterday, he was in New York to attend a hearing in his alleged hush-money criminal case. A trial date has been set for 25 March - his very first criminal trial.

At the same time, over in Georgia, a judge was holding a misconduct hearing for Fulton County District Attorney Fani Willis, who is prosecuting Trump and others for alleged election subversion.

She has been accused by Trump and his co-defendants of financially benefiting from a romantic relationship with a prosecutor she hired on the case.

This all came after Trump was in Florida on Monday for a hearing in his classified documents case - a date for that trial has been set for May, though that could change. More on all his cases here.

Nada Tawfik, Madeline Halpert, & Kayla Epstein
New York

We don't yet know how much Trump will be fined - but New York Attorney General Letitia James has asked the judge for $370m. She says that's the appropriate amount the Trumps should pay in disgorgement, a financial penalty that involves paying back the money gained through fraudulent means.

She calculated the sum based on three things:

• money Trump allegedly earned in interest rate savings on loans due to misstating his assets
• "bonuses" paid to Trump Organization employees who participated in the scheme
• profit realised from two property deals that Ms James alleges were obtained fraudulently.

Whatever the amount, Trump would also have to pay annual interest on that fine, dating back several years to when the alleged offences took place. New York's 9% interest rate means Trump might have to pay an additional nine-figure sum on top of the penalty.

We'll see what Justice Engoron decides.

Image source, Reuters

What the prosecution said: The state of New York says fraud was "central to the operations of the Trump Organization" - and that Trump's associates willingly faked numbers and exaggerated the square footage of buildings.

It says the company was strapped for cash, trying to suggest Donald Trump had a motive to inflate his net worth to get better loans.

The prosecution was methodical in its approach, outlining all the individuals involved and going property by property to paint a broad picture of fraud and conspiracy.

What Trump's side said: Trump’s lawyers say this case is politically motivated and that Trump's real estate valuations did not cause any harm to banks or anyone else.

"The marketplace functioned as it should," his lawyers said of Trump's real estate dealings.

They also attempt to shift blame onto the accountants who they argued were in charge of preparing financial statements.

Nada Tawfik, Madeline Halpert, & Kayla Epstein
New York

We're still waiting for the ruling to find out how much Trump must pay. But the prosecution is asking the judge for $370m - roughly 15-18% of his wealth.

He already owes the writer E Jean Carroll $83.3m in damages from a separate defamation case, and his legal fees are also mounting in four criminal cases.

These combined financial burdens may constitute more cash than Trump has available - but legal experts say he has options:

• Trump could secure a bond - a third-party guarantee that he can pay the full fine. That would cost him many more millions, with added interest and fees
• Trump could sell assets. In a deposition in this case, Trump said he had $400m in cash on hand (the BBC could not verify that sum). Much of Trump's fortune is tied to his real estate ventures, which Forbes found to be valued at $490m in New York
• Trump could ask his loyal supporters for the money. According to the New York Times, 10% of every dollar that is raised from his supporters goes to pay for his defence in his civil and criminal trials

Image source, Getty Images

When the judge in this case ruled back in September that Trump committed business fraud (settling a key part of the case), he also ordered something else - the cancellation of business certificates that are needed to run many of Trump’s New York companies.

He ordered the "dissolution" of these companies and said Trump should be stripped of control of them.

Those companies own some of Trump’s signature properties like Trump Tower in Manhattan.

But what the judge left unclear is what "dissolution" involves - does it mean the liquidation of the companies, or the properties themselves?

We're waiting for him to clarify that in today's ruling.

The prosecution never asked for the selling off of properties.

Nada Tawfik, Madeline Halpert, & Kayla Epstein
New York

Image source, Reuters

Prosecutors have asked the judge to fine Trump $370m (£294m) and to put restrictions on his ability to conduct business in the state.

Legal experts say a penalty that large, coupled with a potential final ruling that may greatly impact his real estate empire, could deliver a serious blow to Trump's finances.

"He's not going to suddenly become working class," said former federal prosecutor Diana Florence. "But it's just going to be a lot of cash. His fortune will be significantly reduced."

One calculation from Forbes Magazine put Trump's total net worth at $2.6bn. The New York Attorney General's Office estimated his annual net worth at $2bn in 2021. Based on those estimates, a penalty of $370m would cost Trump roughly 15-18% of his wealth.

"Trump, for all of his misrepresentations and lies about his wealth, really is a wealthy person," said William Thomas, a business professor. "But most people don't have $400m lying around."

Image source, EPA

The state of New York, which was prosecuting Trump in this civil case, has asked the judge to do several things:

• Fines: Attorney general Letitia James wants the judge to fine Trump $370m (£290m) for what she calls the "outrageous" business fraud schemes. She says this is how much she estimates Trump made in saved interest and other "ill-gotten gains"
• Ban from doing business: She also asked for "permanent [real estate] industry bars" in New York on Trump and his associates, and five-year bans on Trump’s two adult sons
• An independent overseer: James also asked for an independent monitor to closely oversee the Trump Organization for at least the next five years

The former president, his two adult sons - Donald Jr and Eric - and the wider Trump Organization are accused of massively inflating the value of their properties by more than $2bn (£1.65bn), in order to get more favourable loans.

The judge in the case, Arthur Engoron, already ruled in September that Trump committed business fraud and repeatedly misrepresented his wealth by millions of dollars.

Trump over-egged his wealth on financial statements that were then provided to lenders like banks and insurers to make deals and secure loans.

His Mar-a-Lago estate in Florida was over-valued by 2,300% in one financial statement, and his Trump Tower triplex in New York City was presented as three times its actual size.

Today’s ruling will determine any damages and penalties. Trump maintains there was no wrongdoing.

Francesca Gillett
Live reporter

Image source, Reuters

Hello and welcome to our live coverage of Donald Trump’s New York fraud case.

The civil trial wrapped up about a month ago, but we’re still waiting on the final decision in the case - and there are some suggestions it could come today.

There was no jury, so it's been up to Judge Engoron to review all of the evidence and he'll issue a written decision. We're keeping our eyes peeled for it.

Judge Engoron has already determined that Trump, his two adult sons and and executives from the Trump Organization fraudulently inflated their wealth on financial statements that were given to banks and insurers to get better deals and loans.

But this ruling will decide the penalties. How much will Trump be ordered to pay? What impact will this have on his New York real estate fortune? Stick with us as we wait to find out.