Posted on 02/21/2024 5:22:46 PM PST by rlmorel
Edited on 02/21/2024 8:23:03 PM PST by Sidebar Moderator. [history]
This was my point... if he borrows against it, it proves that the property is worth substantially more than the $18 million.
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.
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