Trump can raise the money for an appeal without liquidating his assets

American Thinker ^ | 2/21/2024 | Michael Applebaum

[rlmorel]

This article appeared on American Thinker about Trump's legal penalties, in discussing how Trump might plot his course though the mine-ridden legal waters that is being laid by that gang of Leftist Lilliputians trying to tie him down, the author had this to say:

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To quote Tevye, “If I were a rich man…” and

• I had to come up with $450 million and
  
  
• I was a disruptor and
  
  
• I was an innovator and
  
  
• I could not borrow from some of the biggest lenders in the world located in NYC and
  
  
• I did not want to sell my properties outright and
  
  
• I wanted to give my supporters a return on their investment in me

I would consider tokenizing some of my assets to allow the public to participate and, potentially, profit. (This is different from crowdsourcing.)

Mar-a-Lago, just one of 45’s properties, is estimated to be worth between $4.375 billion and $17.5 billion...

[theyreallthesame]

This was my point... if he borrows against it, it proves that the property is worth substantially more than the $18 million.

[KC Burke]

The usual is to bond around the judgement, not to prepay it.

The Judge put a poisonous clause in his judgement. It states that Trump and his related defendants cannot borrow (money for bond) from any New York chartered bank or financial institution. Think about where most of the big banks do business.

If he prepays a judgment there is no easy method for an appeals court to get it back.