Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

New York Attorney General takes initial step to prepare to seize Trump assets
The Atlanta Voice ^

Posted on 03/21/2024 11:13:47 AM PDT by Tench_Coxe

(CNN) — The New York attorney general’s office has filed judgments in Westchester County, the first indication that the state is preparing to try to seize Donald Trump’s golf course and private estate north of Manhattan, known as Seven Springs.

State lawyers entered the judgments with the clerk’s office in Westchester County on March 6, just one week after Judge Arthur Engoron made official his $464 million decision against Trump, his sons Donald Trump Jr. and Eric Trump, and the Trump Organization.

(snip)

Judgments have not been entered in Florida counties including Miami or Palm Beach where Trump’s Mar-a-Lago property and the Trump National Doral Golf Club and resort are located or Cook County, Illinois, where Trump’s hotel in Chicago is located, according to a review of records Thursday by CNN.

(Excerpt) Read more at theatlantavoice.com ...


TOPICS: Breaking News; Crime/Corruption; Government; Miscellaneous; News/Current Events; Politics/Elections
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-94 last
To: John S Mosby

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


81 posted on 03/21/2024 1:21:55 PM PDT by Sarah Barracuda
[ Post Reply | Private Reply | To 73 | View Replies]

To: Tench_Coxe

....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.


82 posted on 03/21/2024 1:24:49 PM PDT by Cen-Tejas
[ Post Reply | Private Reply | To 1 | View Replies]

To: Alberta's Child
When the state's appeals process itself becomes unconstitutional, what is the recourse other than federal court?

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

83 posted on 03/21/2024 1:33:06 PM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
[ Post Reply | Private Reply | To 68 | View Replies]

To: Tench_Coxe

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.

https://web.archive.org/web/20160225085813/http://www.nytimes.com/2005/10/23/business/yourmoney/whats-he-really-worth.html

https://web.archive.org/web/20200427033453/https://www.bloomberg.com/graphics/2016-trump-40-wall-street/


84 posted on 03/21/2024 1:33:12 PM PDT by Brown Deer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sarah Barracuda

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.


85 posted on 03/21/2024 1:34:16 PM PDT by mware
[ Post Reply | Private Reply | To 66 | View Replies]

To: mware

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


86 posted on 03/21/2024 1:52:51 PM PDT by Sarah Barracuda
[ Post Reply | Private Reply | To 85 | View Replies]

Placemark


87 posted on 03/21/2024 2:00:48 PM PDT by 2nd amendment mama (Self Defense is a Basic Human Right!)
[ Post Reply | Private Reply | To 86 | View Replies]

To: Political Junkie Too; Alberta's Child
The state is literally making Trump sell his home in order to appeal the seizure of his home.

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.

88 posted on 03/21/2024 2:31:03 PM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
[ Post Reply | Private Reply | To 83 | View Replies]

To: Sarah Barracuda

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.


89 posted on 03/21/2024 2:59:44 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart)
[ Post Reply | Private Reply | To 16 | View Replies]

To: ding_dong_daddy_from_dumas

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.


90 posted on 03/21/2024 3:08:54 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart)
[ Post Reply | Private Reply | To 88 | View Replies]

To: Bob Wills is still the king

Getting private loans from a another country’s government would be a major conflict.


91 posted on 03/21/2024 3:12:59 PM PDT by Fuzz
[ Post Reply | Private Reply | To 90 | View Replies]

To: Bob Wills is still the king
none of the 30 companies he approached for a bond will write one for more than $100 million

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?

92 posted on 03/21/2024 3:26:27 PM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
[ Post Reply | Private Reply | To 90 | View Replies]

To: Bob Wills is still the king
since they are all New York chartered companies.

"The place in which you incorporate determines the law under which you operate."

-Charles W. Kingsfield

93 posted on 03/21/2024 3:33:25 PM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
[ Post Reply | Private Reply | To 89 | View Replies]

To: Tench_Coxe

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.


94 posted on 03/21/2024 11:41:19 PM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-94 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson