Posted on 02/19/2024 1:35:33 PM PST by ChicagoConservative27
Former President Donald Trump must pay nearly half a billion dollars as a bond to New York State before he can appeal the ruling by Judge Arthur Engoron last week that he must pay $354 million in fines — over $450 million, with interest — for fraud.
Critics have noted that Trump is the only person ever to be sued under an obscure New York fraud statute that does not require any harm be done, and that effectively criminalizes the everyday practice of real estate valuations in negotiations with banks.
Though Attorney General Letitia James — who ran for office promising to target Trump — claimed that no one is above the law, her case against Trump marks the only such case in the history of the state. And the staggering fine is likewise unprecedented.
(Excerpt) Read more at breitbart.com ...
The RINOs LOVE This.
That's exactly what he should do as it's a clear violation of his 8th Amendment constitutionally guaranteed rights.
Eighth Amendment
Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.
"When calculating fines, courts must consider the defendant’s financial resources and the burden of the fine to the defendant." [1]
Clearly, this "ruling" is intended to burden his ability to continue campaigning as the leading presidential candidate.
“One files a Notice of Motion or an Order to Show Cause with SCOTUS.”
No. One does not.
I’m not going to discuss the facts of the case in a public forum, even pseudonymously. But it was NOT a bond posted relating to the appeal.
Okay so I’ve finally looked into this and it makes some sense... and the headline (like the rest of the article), is WRONG.
Trump does NOT have to post a bond to appeal. What he has to do is post a bond to PREVENT ENFORCEMENT of the judgment while the appeal is pending:
CPLR 5519, Stay of Enforcement:
“(a) Stay without court order. Service upon the adverse party of a notice of appeal or an affidavit of intention to move for permission to appeal stays all proceedings to enforce the judgment or order appealed from pending the appeal or determination on the motion for permission to appeal where:
...
2. the judgment or order directs the payment of a sum of money, and an undertaking in that sum is given that if the judgment or order appealed from, or any part of it, is affirmed, or the appeal is dismissed, the appellant or moving party shall pay the amount directed to be paid by the judgment or order, or the part of it as to which the judgment or order is affirmed”
Judge should have tossed it out. The judge should have tossed the entire case out.
Derick Chauvin didn't kill George Floyd.
You speak as though you believe the next stage is somehow going to be fair. I do not share this belief at all.
I don't think Trump gets fair until he gets to the Supreme Court.
And another billionaire has said he is pulling out of ever investing in New York.
Cost New York enough money, and my Mafia scenario gets increasingly plausible.
That's NYS. SCOTUS could grant a stay to prevent enforcement.
“That’s NYS. SCOTUS could grant a stay to prevent enforcement.”
No, they can’t.
No, they can’t.
You don't think Trump could request a stay and an appeal on constitutional grounds directly to SCOTUS? Of course they could.
He has to pay DAILY interest on the fine.
The IRS charges daily interest as well.
When the government wants to fornicate you, they know all the ways to do it.
Are those awesome truckers still in play in NY?
Half a bil just does not buy what it used to!
“Trump Must Pay Half a Billion Dollars Before He Can Appeal New York Decision”
Well that sounds unconstitutional as well?
Can you share the parties in the case?
New trick for our broken legal system:
We'll just make the cost so great that you CAN'T challenge our miscarriage of "justice".
In this instance, precious metals are infinitely cheaper.
LOL - what does that have to do with appealing the case at bar? Nothing. Zero. Zilch.so many Internet lawyers who have no idea what they’re talking about… but resort to name calling to try to make up for it.
It’s a simple matter of jurisdiction. No federal court currently has it in this case.
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