A divided appeals court has quashed a half-billion-dollar judgment against former President Donald Trump while leaving the underlying fraud case intact. The decision marks a pivotal twist in the ongoing legal battle led by New York Attorney General Letitia James.

A New York appeals court has reversed a half-billion-dollar civil fraud judgment against former President Donald Trump, his family, and his company. The ruling effectively eliminates a $454 million penalty originally imposed by a lower court.