A New York appeals court has thrown out the half-a-billion-dollar penalty that President Donald Trump received in his business fraud case.
The decision on Aug. 21 was issued after a hearing in 2024 in which the appeals court seemed skeptical of the case against Trump.
“In essence,” one of the judges said, the penalty Trump faced “amounted to something close to a commercial death penalty.”
A concurring opinion from Justice Peter Moulton said that the lower 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 of the United States Constitution.”…
Appeals Court Tosses Trump’s $500 Million Civil Penalty in Business Fraud Case
