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Binding agreement enforceable in accordance with its terms. dd did not sign the agreement. this is the argument that stormy daniels' lawyer says that's why it's not legitimate under that provision. >> jeffrey, it's an argument. but it's not a valid argument. it's a frivolous argument. because dd is not a party. it said and/or. that or is a key distinction. it's a valid contract, as long as ec, llc signed that contract. these non-disclosure agreements are signed every single day. they're signed by ceos, by legisla legislators, doctors, lawyers, tv personalities. >> i'm not here as stormy daniel...

Trump know and whether this is a valid, legal agreement. let's look at a different provision of this non-disclosure, section 8.6 which says this agreement when signed by all parties is a valid and binding agreement enforceab enforceable in its terms. dd did not sign the agreement. this is the argument that stormy daniels' lawyer says that's why it is not legitimate under that provision. >> jeffery, it is an/or argument, it is not a valid argument, it is a frivolous argument. dd is not a party to this. that an/or is a key distinction here. it is a valid contract as long as ec llc. signed that c...

He was representing the llc. it was a valid agreement. and donald trump -- >> why have david denison's name in there at all? >> because it's third party beneficiary that nobody's talking about. there could be a third party beneficiary to every contract. so michael cohen was act beiing the best interest of his client. >> doesn't he have to tell the third party, his beneficiary that he's entering into an agreement for their benefit? >> he doesn't have to. because he's inside counsel. he was general counsel to that organization. so he could enter -- >> so you're saying, but wait, right, but you'r...

She is a lawyer for the trump organization, and it's more evidence that trump is involved in this and laws may have been broken. >> my next question to you is the so what question. so what she works -- from a league standpoint. start there. so what she works for the trump organization. >> here are the legal issues here. there's a set of campaign finance laws that may have been violated. if this $130,000 payment to stormy that was facilitated by another trump lawyer, mr. cohen, was, in fact, intended to benefit the campaign. and there's another set of laws, john. president trump filed personal ...

>> these new documents obtained by cnn last night appear to show a deeper link between the trump organization and the stormy daniels saga. they name jill martin representing ec llc. this is essential consultant, the company michael cohen set up for the $130,000 payment. assistant general counsel at the trump organization. you might remember she spoke on behalf of candidate trump during the 2016 election. this would make her the second employee at the trump organization who now has a direct involvement in the stormy daniels related legal matters. jill martin put out a statement and i also talke...