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Fox Guest Chris Landau Breaks Down Possible Hope For Trump In New York Fraud Case Ruling

Chris Landau, a former clerk to two Supreme Court justices, said former Donald Trump had to pay more than $350 million in damages after a New York judge ruled that he should pay more than $350 million in damages for financial fraud charges. He spoke at length about the hopes the president might have.

Landau appeared on “The Ingraham Angle” and told President Trump he would be awarded $350 million following a lawsuit filed by New York Attorney General Letitia James alleging the former president's continued financial fraud. I discussed the above and Judge Arthur Engoron's February 16 ruling ordering the payment of interest. To make a profit while he builds a business in the state. Fox host Laura Ingraham asked the former clerk about her thoughts on the ruling and whether Trump's lawyers can seek “excessive fines” under the Eighth Amendment. . (Related: President Trump seeks delay in enforcement of $354 million judgment)

Landau said it was “very common sense” to attack “exorbitant fines” under the Eighth Amendment, as banks that were allegedly defrauded said they would “do business” with President Trump again. He said he could see it. The former clerk also noted that the federal argument gives the former president an “opportunity” to take the case to the U.S. Supreme Court if New York state courts cannot resolve the issue.

“Well, Laura, there are two different issues. One is the issue of getting bail for the appeal, and for that he's going to have to come up with some cash right away. Second, this… There's a broader question of how to attack exorbitant fines. As the president said, the Eighth Amendment says you can't impose excessive fines. I think it's pretty common sense to impose $350 million in fines and interest for a crime where the person who was allegedly defrauded (the bank) says, “I want to do business with this guy again.'' '' Landau said.

“So this is a federal constitutional argument that would give him the opportunity to litigate all the way to the U.S. Supreme Court if he wanted to. Laura, I hope the New York state courts can clear up this mess. So New York didn't become the financial capital of the world for nothing. New York courts have historically been very good at ensuring that business disputes are resolved fairly and appropriately; That was until President Trump came along.”

In addition to fining Trump, Engoron also banned him from “serving as an officer or director” of any New York business or corporation for three years, the ruling said. But since the judge's ruling, Trump's lawyers on Wednesday requested a 30-day delay in executing the huge payout.

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