ROME (AP) — Silvio Berlusconi has lost a coveted business honorific — and nickname — following his latest court setback.

The association of businessmen named to the “Order of Merit of Work” by the Italian president said Berlusconi suspended himself from the club Wednesday. The National Federation of the Knights of Labor had been considering what to do with Berlusconi following his tax fraud conviction, which was upheld by Italy’s highest court in August.