Posted on 04/21/2024 11:51:51 AM PDT by Macho MAGA Man
Marxist New York Attorney General Letitia James asked a judge to void Trump’s $175 million bond that he posted to appeal the civil fraud case
Letitia James argued that California-based Knight Specialty Insurance Company (KSIC) is not approved to do business in New York.
James also questioned whether KSIC has the funds to back up the $175 million bond Trump previously posted.
“Based on KSIC’s policyholder surplus in its most recent annual financial statement of $138,441,671, the limitation of loss on any one risk that KSIC is permitted to write is $13.8 million,” Letitia James’ office wrote in a 26-page filing according to Fox News. “The face amount of the bond exceeds this limitation by $161.2 million.”
James also argued in her filing: “KSIC is not qualified to act as the surety under this standard because its management has been found by federal authorities to have operated affiliated companies within KSIC’s holding company structure in violation of federal law on multiple occasions within the past several years.”
“KSIC does not now have an exclusive right to control the account and will not obtain such control unless and until it exercises a right to do so on two days’ notice,” James’ office wrote in the filing.
Letitia James asked the judge to void Trump’s bond
(Excerpt) Read more at thegatewaypundit.com ...
And sell it at fire sale prices.
I actually tip my hat to how far the left is willing to go to get what they want. Its a far cry from how the right operates.
“the limitation of loss on any one risk that KSIC is permitted to write is $13.8 million,”
BS
They’re not risking their own license and rating.
They are undoubtedly bonded themselves.
She’s gonna find out that not one of the properties is owned solely by Trump and family and that seizing properties comes with duties and occupations...There are 100’s of contracts attached to the properties....
What an evil, evil woman! Hope she gets hit with Karma one day for all to see.
She will liquidate it, spend the money and say, ‘oops, sorry’ when he wins on appeal.
Letitia James using ‘the law’ as a sledgehammer against a citizen she doesn’t like - a citizen in a political party she and Biden’s goons don’t approve of.
How third world trash can a person go? Guess we’ll find out.
I think we have had about enough of this evil c hunt.
“Look, the whole idea was to give this guy an excessive bond that he couldn’t possibly pay. And he paid it! Just like he paid those damn real estate loans! It’s not fair! I want this SOB screwed! You have to help me screw this guy!”
Trump defeated the tired old hag, got the Obamacare mandate repealed and the blessed sacrament of the Democrat party, Roe vs. Wade is gone.
So he must be punished.
Oh, and James Comey found out he was fired by turning around and seeing it on TV.
These and other acts CAN’T go unpunished.
The Pinochet Method will eventually end this kind of nonsense.
Lucrezia will make quite a splash...
Three felonies a day.
Why worry? Somebody else can sort that out after the election.
Letitia James, Arthur Engoron, Alvin Bragg, Juan Marchan, and Fani Willis are doing more to assure Trump’s election than the entire Republican Party. It’s almost as if these absurd caricatures were ordered straight from central casting to play the most absurd anti-Trump villain roles.
These freaks are worthless demons. May Righteous Justice find them soon.
If the right had full media supremacy, they could operate like the left does.
Of course, the right would then drift off into it's own little manufactured reality too.
We've had enough of it, but unfortunately it's only the beginning. The Left is brazenly doing whatever they want legally because they know that in NY they can prolong the court process for as long as it suits them. Who is going to stop them? Who has the power to stop them? The only way for Trump to get any justice is to wade through the appeals process, and he will most likely be in jail or broke or both before that happens.
One of us in a US concentration camp in 2025: "You know, right to the last we on the right didn't break the law or take the law into our own hands."
And we turned the other cheek and gave not only our coats but also our cloaks to the enemy, whom we prayed for.
The left-wing politicians actually mean what they say, so they fight for it. On the other hand....
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