Posted on 03/21/2024 11:13:47 AM PDT by Tench_Coxe
What gets under my crawl is us simple folk, I dont know squat when it comes to the law and we have all come up with ideas, where the hell are Trump’s lawyers what are they doing
....Trump, a citizen and resident of Palm Beach County, Florida which is in the “Southern District” of Florida US Federal Court System. In that court, he could have a 1,000% better chance of a fair jury than DC or NYC.
My prediction is he will just let Tish do her thing if some Judge like Alito doesn’t stop her and then file a 1 billion dollar lawsuit against New York State and New York City.
At 1.56 Trillion GDP, New York and New York State could pay off a billion dollar Trump judgment with little problem.
Trump is roadblocked by the state appeals to the court, so he can't go any further within the state's legal system.
The state is literally making Trump sell his home in order to appeal the seizure of his home. That has to go directly to the federal court on 8th amendment grounds.
-PJ
New York City tax assessors had valued the Trump Building at $90 million by 2000 and reported that the building was worth the same amount in 2004.Trump’s lenders estimated that the building was worth $540 million in 2015 (though the Trump Organization gave a higher figure of $735 million), and Bloomberg News estimated the next year that 40 Wall Street was worth $550 million.
Agreed.She is going after Seven Springs and his golf course. I don’t think she’ll go after his Miami home. State of Florida might have something to say about that. Besides his neighbors might not look friendly on Northern messing with Trump.
Ive been to Trump’s golf course here in LA, palos verdes, its really pretty..they had the BEST buffet, went there many years ago before corona hit..the only fear is Gruesome NewSCUM might be willing to give the scum bag James what she wants
Placemark
That's the way I see it. Trump could appeal with an 8th Amendment argument, but bonding companies are afraid to pay the bond, perhaps because NY State is utterly corrupt, and because the NY economy's future is unknown. As I understand it, NY law requires payment or a bond before an appeal is allowed. Catch-22.
Sadly, she can go after any asset held by the Trump Organization LLC or the Trump Trust, since they are all New York chartered companies.
Trump’s biggest problems in getting funding for a bond are that none of the 30 companies he approached for a bond will write one for more than $100 million, in the best of circumstances.
The second problem we should all recognize (even though we vigorously oppose it) is that the Trump Organization LLC has now been found liable for multiple and significant business frauds conducted as a pattern and practice of the business. Unless that finding by the trial court (Engoron) is somehow overturned by the appellate courts, no publicly traded firm will ever loan him money again. He’ll have to get private loans from the Saudis or another friendly government.
Getting private loans from a another country’s government would be a major conflict.
Could Trump get $50m-$100m each from 8 or 10 bonding companies? Sounds complicated and risky. Each one would have to write up an agreement with provisions for default by the others, and the pink haired crowd would attack the ones who said yes. And NY courts might reject foreign bond money, especially with Letitia trying to run out the clock on Trump. Just maybe Letitia has a conflict of interest or 12?
"The place in which you incorporate determines the law under which you operate."
-Charles W. Kingsfield
Let her take it, and try managing it. She thinks you just sit back and rake in the money. She’ll run it into the ground, and then claim that it was overvalued, of course.
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