In 1890, New York's highest court revoked the charter of the
North River Sugar Refining Corporation on the grounds that it was abusing its powers as a monopoly. In 2022, New York Supreme Court Judge Joel M. Cohen rejected a move by the state's Attorney General to dissolve the
National Rifle Association of America. According to
The Wall Street Journal, "the state's allegations of corruption and mismanagement by NRA top officials fell short of the public harm required to impose the 'corporate death penalty' on the nonprofit group". In 2023, numerous observers have described as a 'corporate death penalty' the order by a New York judge of the revocation of the
business licenses of
Donald Trump's businesses in the
State of New York, which would force them into liquidation. == Alternatives ==