It seems as though the legal battle between Stormy Daniels and President Donald Trump takes new twists and turns every day, playing out in headlines and on Twitter despite the non-disclosure agreement under dispute.
For former prosecutor Jonna Spilbor, all of this rests on an “unwinnable case” and may just be a publicity stunt.
“[In] simple contract law a deal is a deal,” Spilbor told Cheddar Friday.
“She got the money, she cashed the check, the deal is done...She cannot now go back and say ‘I want another deal.’ It doesn’t work that way.”
Daniels, the adult film star whose real name is Stephanie Clifford, allegedly had an affair with Trump back in 2006. During the 2016 presidential campaign, the then-candidate’s lawyer Michael Cohen, paid Daniels $130,000 in exchange for her silence.
Earlier this month, in an attempt to invalidate an attached non-disclosure agreement, Daniels filed a lawsuit claiming that deal with Cohen was null and void because Trump never signed it.
She sat down with CBS’s “60 Minutes” to tell her side of the story at the beginning of March. The interview will air next week.
For the full interview, click [here](https://cheddar.com/videos/stormy-daniels-case-against-trump).
Despite the hype and headlines earlier this year around meme stocks and Robinhood, the SEC and FINRA have made few concrete changes around retail investing.
The Senate Committee on Banking, Housing and Urban Affairs held a hotly debated hearing regarding fiat-backed stablecoins on Tuesday that still led to a conclusion the space needed some form of regulation.
Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected.
Cheddar has been covering the biggest news of the week with some of the biggest names in the biz. In case you missed it, we've pulled together some of the highlights that will keep you informed as we get ready for the week ahead.
Prices were up 6.8 percent year-over-year In November, according to the latest consumer price index from the U.S. Bureau of Labor Statistics.
A British appellate court opened the door Friday for Julian Assange to be extradited to the United States by overturning a lower court's decision that the WikiLeaks founder's mental health was too fragile to withstand the American criminal justice system.
New Zealand’s government believes it has come up with a unique plan to end tobacco smoking — a lifetime ban for those aged 14 or younger.
The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession.
Congress got a crash course in crypto on Wednesday, as six executives from companies representing a cross-section of the digital economy answered questions from the House Financial Services Committee.
In the spirit of the holidays, Cheddar presents the 12 days of the top terms of 2021.
