Manhattan Ruling Is a Big Win for Donald Trump

'TRUMP TOWER REMAINS MINE!' former president and near-certain 2024 GOP candidate Donald J. Trump said in an email to supporters on Monday evening.Earlier that day, a New York state appeals court moderated the heavy penalties imposed last month in a ruling by Manhattan Supreme Court Justice Arthur Engoron. The appeals court reduced a $454 million bond payment due on Monday to $175 million, permitted Trump Organization executives—including Trump and his sons Donald Jr.

An Associated Press investigation conducted on the eve of Engoron's ruling found that, in similar cases, New York courts have dissolved only a dozen businesses since 1956. Unlike in Trump's case, all of them involved significant losses by defrauded victims, and all of the penalized businesses were actively engaged in fraudulent practices at the time of the ruling despite multiple warnings leading up to legal action.

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