"Trump New York fraud bond cut to $175 million in appeal from $454 million"
FR: Never Accept the Premise of Your Opponent’s Argument
If I understood Eric Trump correctly, he had pointed out on FN that Trump's original 8th Amendment violating (imo) bond was a record-breaking high amount. Is that still the case with reduced amount?
Probably...Kevin from Shark Tank said...bonds of 5 mil or 10 mil happen...but $454 mil...wouldn’t even be considered.
“If I understood Eric Trump correctly, he had pointed out on FN that Trump’s original 8th Amendment violating (imo) bond was a record-breaking high amount. Is that still the case with reduced amount?”
He would still have that argument for the judgment, since that’s still $350-odd million plus interest, but I don’t know that he needs to appeal the bond requirement now to the Court of Appeals. He can write a check and still try, but the NY COA takes even fewer cases than the SCOTUS.
A couple outdo President at the reduced amount - for CRIMINAL cases, however no one comes anywhere near close for CIVIL cases.
as a comparison, Bernie Madoff’s bond was $10M