Engoron's other punishments, upheld by the appeals court, have been on pause during Trump's appeal, and the president was able to hold off collection of the money by posting a $175 million bond.
Donald Trump Jr. celebrated the decision by mocking James, who had periodically posted a running tally of the fraud penalty, with interest. Over a post from James in February 2024, when the tally was nearly $465 million, Trump Jr. wrote: ''I believe you mean $0.00. Thank you for your attention to this matter.''
The five-judge panel, which split on the merits of the lawsuit and Engoron's fraud finding, dismissed the monetary penalty in its entirety while also leaving a pathway for an appeal to the state's highest court, the Court of Appeals. In the meantime, Trump and his co-defendants, the judges wrote, can seek to extend the pause to prevent any punishments from taking effect.
While the Appellate Division dispatches most appeals in a few pages in a matter of weeks, the judges weighing Trump's case took nearly 11 months to rule after oral arguments last fall and issued 323 pages of concurring and dissenting opinions with no majority. Rather, some judges endorsed parts of their colleagues' findings while denouncing others, enabling the court to rule.
Two judges wrote that they felt James' lawsuit was justifiable and that she had proven her case but the penalty was too severe. One wrote that James exceeded her legal authority in bringing the suit, saying that if any lenders felt cheated, they could have sued Trump themselves, and none did. Another wrote that Engoron erred by ruling before the trial that James had proven Trump engaged in fraud.
In his portion of the ruling, Judge David Friedman, appointed by a Republican governor, was scathing in his criticism of James for bringing the lawsuit.