Overview

• The Appellate Division vacated the roughly $500 million sanction, finding the $364 million disgorgement plus interest was unconstitutionally excessive under the Eighth Amendment.
• The panel upheld findings that Trump and his company committed civil fraud and left injunctive measures against the Trump Organization in place.
• Justice David Friedman dissented in part, asserting the case was politically driven and criticizing the attorney general’s reliance on Executive Law Section 63(12).
• Attorney General Letitia James said she will seek review at the New York Court of Appeals, keeping the dispute over penalties and legal authority active.
• Following the ruling, Trump attacked trial judge Arthur Engoron on Truth Social, calling him incompetent and corrupt.