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Locked on 01/29/2024 3:13:01 PM PST by Admin Moderator, reason:
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Posted on 01/29/2024 3:06:46 PM PST by packagingguy
An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses.
Lawyers for the state in Trump’s monthslong civil trial have argued that the principles of fair play in business alone are enough to justify a harsh penalty, but even they aren’t calling for the prospect of liquidation of his businesses and properties raised by a judge. And some legal experts worry that if the judge goes out of his way to punish the former president with that worst-case scenario, it could make it easier for courts to wipe out companies in the future.
“This is a basically a death penalty for a business,” said Columbia University law professor Eric Talley. “Is he getting his just desserts because of the fraud, or because people don’t like him?”
AP’s review of nearly 150 reported cases since New York’s “repeated fraud” statute was passed in 1956 showed that nearly every previous time a company was taken away, victims and losses were key factors. Customers had lost money or bought defective products or never received services ordered, leaving them cheated and angry.
(Excerpt) Read more at msn.com ...
Something must be really wrong with the case if the AP is reporting this and MSN decides to put the story on their website.
WE are the (neo) Marxists now.
Mods pull the thread and link to the older article.
is he getting his just desserts because of the fraud, or
\/
. listen up University law professor Eric Talley
aka
idiocy piled high and deep
there
was
NO
fraud !!!!!
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