Days after a New York appellate court threw out his staggering civil fraud penalty, President Donald Trump is now urging the state’s highest court to strike down the remaining sanctions against him.
On Tuesday, Trump’s attorneys filed a notice of appeal with the New York Court of Appeals, aiming to erase the lasting effects of Attorney General Letitia James’ lawsuit. The case accused Trump of exaggerating his net worth on financial statements provided to banks and insurers.
This latest move is the first of two expected appeals following last week’s decision from a five-judge panel of the Appellate Division, which overturned Trump’s monetary penalty. James, a Democrat, has said she will ask the Court of Appeals to reinstate the fine, calling it justified even though the lower court deemed it “excessive.”
Trump quickly declared “TOTAL VICTORY” after the fine was vacated, but judges allowed other punishments to stand. They also narrowly upheld the lower court’s determination that he committed fraud by inflating his wealth on official statements.
The sanctions Trump now seeks to overturn place tight restrictions on the Trump Organization. They include:
— A two-year ban preventing Trump’s sons, Eric and Donald Trump Jr., from serving as directors or officers of any New York company, sidelining them from managing day-to-day operations.
— A three-year ban on Trump himself holding any corporate leadership role in the state.
— A three-year prohibition on Trump and his companies obtaining loans from New York–registered banks.
— Ongoing oversight of the company by an independent monitor for at least three years, plus the required hiring of a compliance director.
For now, these measures remain on hold while appeals continue. The Appellate Division noted that Trump may request a court order to keep the pause in place during further litigation.
