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Trump Appeals to N.Y. High Court to Overturn Remaining Penalties in Civil Fraud Case

The filing seeks to remove business limits left intact after a split appeals decision.

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Overview

  • Trump’s lawyers filed a notice asking the New York Court of Appeals to vacate the non-monetary sanctions that survived the civil fraud case.
  • In a fractured decision last week, the Appellate Division erased roughly $500 million in disgorgement as an excessive fine while upholding findings that he inflated asset values.
  • The remaining remedies include a three-year ban on Trump holding corporate leadership roles in New York and a three-year bar on loans from banks registered in the state.
  • Eric Trump and Donald Trump Jr. face two-year bans from serving as officers or directors of New York companies, and the Trump Organization remains under an independent monitor with a required compliance director.
  • The injunctive measures are stayed during appeals, and judges said Trump can seek to extend the pause as Attorney General Letitia James prepares her own appeal to restore the monetary penalty.