Published 1 year ago • loading... • Updated 1 year ago

Trump avoids 'corporate death penalty,' but his business will still get slammed

Trump faces penalties and restrictions on his finances due to lawsuits, including paying $364 million in judgments.
Despite being barred from being officers of New York companies for two years, Trump's sons Eric and Donald Jr. Were also ordered to pay $4 million each.
With a ban on Trump getting loans from NY banks, future business funding may be challenging, affecting his ability to exert control over his company.

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The Oregonian

Trump’s businesses slammed in civil fraud suit, but he avoids ‘corporate death penalty’

Friday’s ruling in the civil fraud case against Donald Trump will drain cash from corporate coffers and severely restrict the ex-president’s ability to run his real estate empire. But in a surprise reversal, the judge said he wasn’t going to follow through on an earlier order canceling Trump’s business certificates as a prelude to a “dissolution” of his companies.

1 year ago·Portland, United States

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Associated Press News

+29 Reposted by 29 other sources

Trump avoids 'corporate death penalty' in civil fraud case, but his business will still get slammed

A New York judge has spared Donald Trump a “corporate death penalty” ruling, but his business did get hit hard with bans and cash penalties. The ruling Friday in the

1 year ago·United States

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The Nation

Trump Gets (Almost) the New York Business Death Penalty

Joan Walsh The crime family is paying for its real estate sins. Eventually, we hope, Trump will pay for more than that. The post Trump Gets (Almost) the New York Business Death Penalty appeared first on The Nation.

1 year ago·Washington, United States

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Chronicle Online

Trump avoids 'corporate death penalty,' but his business will still get slammed

A New York judge has spared Donald Trump a “corporate death penalty” ruling, but the business did get hit hard with bans and cash penalties. The ruling Friday in the civil fraud case against Trump will drain cash from corporate…

1 year ago·Crystal River, United States

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Morning Sun

Trump avoids 'corporate death penalty,' but his business will still get slammed - The Morning Sun

A New York judge has spared Donald Trump a “corporate death penalty” ruling, but the business did get hit hard with bans and cash penalties. The ruling Friday in the civil fraud case against …

1 year ago·Pittsburg, United States

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