A New York state appeals court on Thursday threw out a more than $500 million civil business fraud penalty imposed on President Donald Trump and other defendants.
The appeals court said that while “injunctive relief” ordered by the trial judge in the case was “well crafted to curb defendants’ business culture” at the Trump Organization, the monetary penalty, “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.”