TRUUUUMP!!!
Posted on 03/25/2024 8:41:04 AM PDT by bitt
A New York appeals court paused for 10 days a massive civil fraud judgment against former President Donald Trump.
The court also and sharply reduced the bond he would have to post to obtain a longer stay to $175 million.
Trump’s lawyers in a court filing last week said that it was “impossible” for him to get an appeal bond of $454 million to satisfy the judgment in that amount, having approached more than 30 surety companies without success.
A New York appeals court on Monday paused for 10 days a massive civil fraud judgment against former President Donald Trump, and sharply reduced the bond he would have to post to obtain a longer stay to $175 million.
Trump’s lawyers in a court filing last week said that it was “impossible” for him to get an appeal bond of $454 million to satisfy the judgment in that amount, having approached more than 30 surety companies without success.
None of those companies were willing to write a bond without Trump posting cash or some other liquid asset, the attorneys wrote in their filing with the Manhattan Supreme Court appellate division panel.
Because of the size of the fraud judgment, the companies insisted that Trump show “cash reserves approaching $1 billion,” according to his lawyers. But neither Trump nor the Trump Organization company has that amount of cash on hand, the filing said.
(Excerpt) Read more at cnbc.com ...
P
Waiting for some Hawaiian judge to reinstate the bond post haste and double the amount for the bond.
Letitia breathes a sigh of relief, she’s way too dumb to seize any property and if she did Trump would pick up another 5% of the voters.
now they are just haggling over the price.
Reduced it by 61%.
That’s unfortunate.
I was hoping the State of NY would continue with the election interference and violation of his Constitutional rights. That way it would be liable, especially if he lost the 2024 election, for damages in Federal court. Plus, the unreasonable fines, biased judge, lack of a victim, novel use of the law, would eventually blow up and make NY enormously liable. There could be Trillions at play in damages. Few NY State police, Fireman, and Teachers without pensions following a settlement might get people attention.
Take that....
letitia think she winning
Still ridiculous but doable I think he can just write a check right now and appeal this nonsense
She has a permanent scowl.
Na , James will get a NYC Dogcatcher to overturn it ,LOL
Letitia James is deeply saddened.
bttt
Can he appeal further?
Exactly
how nice of letitia to cut the bond down to only $174 million bucks trump has to put up for his right to appeal a bogus kangaroo court ruling.
escape from new york
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