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Trump’s Legal Woes: Blow to Business Empire & Presidential Campaign

A New York judge ordered the Trump Organization to pay $364 million in penalties, barring Donald Trump from running a business in New York for three years. Legal experts believe there is a basis for appeal. This ruling adds to a series of legal and financial challenges facing Trump during his presidential campaign, limiting his financial flexibility and potential to refinance debt on key properties.

by Mark Eisenberg
Sat, Feb 17, 2024 7:08am
in Business
• 2 mins read
14.7k
Trump's Legal Woes: Blow to Business Empire & Presidential Campaign | FinOracle

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Donald Trump's Legal Liabilities Grow Amid Presidential Campaign

Trump Organization Ordered to Pay $364 Million in Penalties

In a significant blow to Donald Trump's presidential campaign, a New York judge has ordered the Trump Organization to pay $364 million in penalties. This legal decision comes with the added consequence of barring Trump from any role in running a business in New York state for three years, further complicating his financial situation.

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