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- A Manhattan judge on Tuesday found Trump and his real-estate company liable for fraud.
- The judge ordered Trump Organization's New York corporate charters revoked immediately.
- A receiver will be appointed to 'dissolve' the company – but years of appeals may play out first.
Experts are calling it the "corporate death penalty." And what happens next is unchartered territory.
In a stunning decision on Tuesday, a Manhattan judge found that Donald Trump committed widespread, longstanding and ongoing fraud at the Trump Organization, and ordered what experts in New York financial crimes say amounts to the dissolution of his company.