Trump asks court to throw out civil penalties against him and his sons after fraud fine overturned
The article reports that former President Donald Trump’s legal team has filed an appeal with the New york Court of Appeals, seeking to overturn the remaining civil penalties imposed on him and his sons following a fraud lawsuit brought by New york Attorney General Letitia James. The original lawsuit accused Trump of inflating his net worth on financial documents submitted to banks and insurers. Last week, the court dismissed the $515 million fine, deeming it excessive and a violation of the Eighth Amendment.
Along with the fine, the initial ruling included restrictions such as bans on Eric trump and donald Trump Jr. from serving as officers or directors of New York companies, a ban preventing Trump from holding corporate leadership roles in the state, limitations on loans from New York banks, and the placement of Trump’s company under independent supervision. All these penalties are currently paused as the appellate process continues. Trump hailed the ruling as a “total victory,” describing the case as a political witch hunt and election interference, while Attorney General James intends to seek a restoration of the penalties.
Trump asks court to throw out civil penalties against him and his sons after fraud fine overturned
President Donald Trump’s legal team filed an appeal with the New York Court of Appeals, asking the state to erase the remaining fines levied by state Attorney General Letitia James’s lawsuit against him.
James’s civil fraud lawsuit, and its hefty fines against the president, were thrown out last week. The lawsuit alleged Trump inflated his net worth on financial paperwork given to banks and insurers.
Trump’s lawyers want the rest of the penalties against the president, like the bans it imposed upon him and those around him, also tossed out.
The court last week found the more than $515 million fine against Trump to be “excessive.”
“While the injunctive relief ordered by the court is well crafted to curb defendants’ business culture, the court’s disgorgement order, which directs that defendants pay nearly half a billion dollars to the State of New York, is an excessive fine that violates the Eighth Amendment,” Judges Dianne T. Renwick and Peter H. Moulton wrote, according to the Associated Press.
The president celebrated the ruling as a “TOTAL VICTORY” for himself. He said the case was “a Political Witch Hunt” and “a Case of Election Interference.”
James has said she will ask the court to restore the fine.
NEW YORK APPEALS COURT TOSSES LETITIA JAMES’S $515 MILLION TRUMP FRAUD PENALTY
The other penalties on Trump as a result of the original ruling included: a two-year ban on Trump’s sons Eric and Donald Trump Jr. from serving as a director or officer of a New York company, a three-year ban on Trump holding a corporate leadership position in New York, and a three-year ban on Trump and his companies from getting loans from banks registered in New York.
It also placed Trump’s company under the supervision of an independent monitor for at least three years. All of the measures are on hold while the case is finding an ultimate conclusion through the appellate process. Judges have said Trump can extend the pause pending more appeals.
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