NY Appeals Court Cuts Trump's Massive Fine By More Than Half

NY Appeals Court Cuts Trump's Massive Fine By More Than Half

An appeals court ruled on Monday to reduce the amount that former President Donald Trump had to pay for his bond, ordering him to pay $175 million within the next ten days.

Previously, Trump was facing a Monday deadline to pay a $454 million bond due to civil fraud charges brought forth by New York Attorney General Letitia James, Fox News reported.

James filed judgments against Trump and others on Friday in Westchester County, New York, where Trump owns the Trump National Golf Club Westchester and a private estate in Seven Springs.

Last week, George Washington University law professor Jonathan Turley stated that James was unlikely to seize any of the properties owned by Trump. Turley suggested that James may face more difficulties in obtaining the properties than expected.

“These properties are partnerships, they have leveraged debt. All of that has to be unraveled,” Turley told Fox Business host Larry Kudlow.

“So these aren’t just this, you know, one to one Trump versus James type of equation. So in order to seize that property, she’s going to be pulled into court, there’s going to be challenges. It’s not going to happen overnight. Everyone is celebrating this idea that she’s going to padlock Trump Tower. It’s not likely to happen, and it’s certainly not likely to remain very long,” Turley explained.

“The other thing is that she could be harming the value of the property that she’s trying to seize with some of these actions,” Turley continued. “I don’t think that matters to her, but it might matter to a court.”

Turley also predicted — accurately, it turns out — that appellate courts could reduce the damages.

“There is an issue here of the Eighth Amendment. There’s also an issue of due process. In addition to that line of cases, which is rather thin, so this is going to be new ground for the courts to deal with, so this is sort of unsettled,” Turley said.

“But there’s also the due process question. The court – the Supreme Court has on rare occasion stepped into state cases and said this is such a sort of over-the-top damage figure that it violates due process,” Turley added.

“New York is unique, I think, in this case, because they have made even the bond confiscatory, so, it’s not just the damages, but the bond rule that seem to be punitive and it’s certainly the use by James and this judge,” Turley added. “So those are going to be viable challenges, and it could go all the way to the Supreme Court.”


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