Posted on 03/18/2024 7:57:38 AM PDT by CFW
Former President Donald Trump has been unable to secure the $454 million bond, the full amount of the civil fraud judgment against him, which he must post in order to appeal, his attorneys said in a filing Monday.
Trump offered last month to post a $100 million appeal bond rather than the full amount as the process plays out in court, but the judge denied the proposal.
Trump's "ongoing diligent efforts have proven that a bond in the judgment’s full amount is 'a practical impossibility,'" the former president's lawyers said, per NBC News. "These diligent efforts have included approaching about 30 surety companies through 4 separate brokers."
Efforts to secure the bond include "countless hours negotiating with one of the largest insurance companies in the world," but the work has been unfruitful, per the document.
(Excerpt) Read more at justthenews.com ...
All of whom were probably getting pressure from certain interests that want him in jail.
Why would the Houthis, NorKs and ChiComs do this?
The statement was made in a document filed with the court. None of those attorneys has commented on it.
These people are EVIL and must be destroyed for our safety and Freedom.
It may be time to take the gloves off!
Hey, they are the ones screaming "BLOODBATH".
I’m wondering if it might serve Trump and his reelection bid better if James tries to seize his assets.
Trump has already won a 9-0 Supreme Court decision. I’d take my chances with this $454M judgement going to the Supremes.
If it were me, I’d take my chances before I’d give those liars even one thin dime.
Exactly.
They are dying to get their hands on his money and he will never see it again.
That being said, I hope all businesses in NY state PULL OUT and leave that festering herpetic sore to further fill with infectious puss as it collapses on itself.
Trump’s attorney needs to appeal this immediately in Federal Court on 8th Amendment grounds. This is CLEARLY an excessive fine, which is prohibited under the 8th. Time to take it away from the corrupt and partisan scumbags masquerading as judges in NY.
This seems to me to be a clear 8th amendment violation, imho.
The attack of government against a citizen for political aims.
Happening to him. Can happen to you.
If you were a billionaire, you would have been advised long ago that you shouldn't be involved in MAGA in any way, or the long-arm of government would easily find a way to reduce your $billions to $millions
Its why the DC Marxists hate Putin so much - he runs exactly the same oligarch-control scheme they do.
You can’t go directly to SCOTUS on a case like this. You have to go through the local federal District Court first.
Score one for the libs.
If they can’t beat him, they’ll bankrupt him . . .
Whatever happened to United States Constitution, which forbids unusually large prison terms or fines?
I hope SCOTUS reads the US Constitution once in a while.
Correct but Trump can’t appeal on grounds of the 8th amendment violation unless he puts up that massive bond. They’ve got him cornered in a catch-22 situation.
They want him to sell off assets, which is unconscionable.
Good grief. He has stated he’s a billionaire many times over. He can’t sell stock like we’d have to do?
But he can take out a mortgage!D
you’re a full blown idiot
No lawsuit has been filed by trump group. That’s how it works.
Doesn’t help that Donald crows about how rich he is. Oops.
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