Trump bond reduced

[para bellum]

I laugh at the way lefties are trying to spin this ruling.

The court slashed the bond amount because Trump's attorneys made a compelling argument, backed up by the factual record and the law, that the judgement would not survive appeal.

$255 Million of the judgement (not including interest) was time-barred by the appellate court before the "trial" even began. It would have been remarkable if the court had required a bond to make that argument, when the proof of the statute of limitations violation was provided in the filing...

 

[Delldude]

It looks like the appellate court is practicing damage control now that this case has turned into a political fiasco.

I bet Trump will have a couple bus loads of real estate and banking investors testifying at the appeal.

 

[bendog]

Can't wait to see how much equity he has.

 

[Delldude]

The court did not find what you claim or infer -- "$454 was excessive."

I didn't claim anything, I asked a question........................

Court decides $454 was excessive?

Maybe try a new avatar?

 

[TheYellowKing]

Court decides $454 was excessive? TDS warning issued​

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules​

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

The ruling by a five-judge panel of appellate court judges is a crucial and unexpected victory for the former president, potentially staving off a looming financial disaster. Had the court denied his request — and had he failed to obtain the full bond — Mr. Trump was at risk of losing control over his bank accounts and, eventually, even some of his marquee properties.

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

www.nytimes.com

Bbbbbut all the shitlibs here said he was gonna have his assets taken today and he'd be in jail

Hahahahahahahahaha

 

[para bellum]

I bet Trump will have a couple bus loads of real estate and banking investors testifying at the appeal.

There won't be any witnesses or testimony in the appeal. The factual record is essentially set in stone. The appeals court is only interested in applying the law to the facts already established.

Trump's attorney's were not trying to "win" in Engoron's court. That would have been a waste of time- Trump was found guilty before the "trial" even began. They were only making sure the facts got in the record, and they made objections to Engoron's rulings to preserve those objections in the appeal.

Engoron overruled all their objections- he even made jokes about it in court. It doesn't matter. The joke will be on him in the end...

 

[Delldude]

There won't be any witnesses or testimony in the appeal. The factual record is essentially set in stone. The appeals court is only interested in applying the law to the facts already established.

Trump's attorney's were not trying to "win" in Engoron's court. Trump was found guilty before the "trial" even began. They were making sure the facts got in the record, and they made objections to Engoron's rulings to preserve those objections in the appeal.

Engoron overruled all their objections- he even made jokes about it in court. It doesn't matter. The joke will be on him in the end...

Interesting. Hard to believe there wouldn't be any follow up.

Thanks

 

[SeaMajor7]

Can't wait to see how much equity he has.

Racist.

 

[berg80]

Court decides $454 was excessive? TDS warning issued​

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules​

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

The ruling by a five-judge panel of appellate court judges is a crucial and unexpected victory for the former president, potentially staving off a looming financial disaster. Had the court denied his request — and had he failed to obtain the full bond — Mr. Trump was at risk of losing control over his bank accounts and, eventually, even some of his marquee properties.

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

www.nytimes.com

Will this stop him from whining about being mistreated by the justice system after the most recent, but not only, accommodation? No.

 

[bendog]

Racist.

he's fat orange and probably mostly broke. Put that in your crack pipe buster.

 

[MagicMike]

Glory Hallelujah God keeps answering our prayers, Amen

You prayed for Trump to have to pay $175 million today and then the remaining $279 million plus interest once he loses his final appeal?

 

[Mac1958]

Will this stop him from whining about being mistreated by the justice system after the most recent, but not only, accommodation? No.

It works like a charm for him. If it ain't broke, don't fix it.

 

[para bellum]

Interesting. Hard to believe there wouldn't be any follow up.

Thanks

The lower court is a finder of fact. The appellate courts are finders of law.

The critical element as to the legality of disgorgement in this case is a causal relationship between the alleged "fraud" and the profits. Disgorgement is an equitable remedy, which means that profits cannot be called "ill-gotten" if you can't show causality.

The counter-parties testified that Trump's SFC's did not impact their decisions on the interest rates, so the lack of causality is already established in the factual record.

All the appeals court has to do is apply the testimony of the counter-parties to the law, and decide if disgorgement was a proper remedy to the offense.

 

[Delldude]

Will this stop him from whining about being mistreated by the justice system after the most recent, but not only, accommodation? No.

Lose big today, 'eh mon?

 

[SeaMajor7]

he's fat orange and probably mostly broke. Put that in your crack pipe buster.

WOOOOOOOSH

 

[Delldude]

The lower court is a finder of fact. The appellate courts are finders of law.

The critical element as to the legality of disgorgement in this case is a causal relationship between the alleged "fraud" and the profits. Disgorgement is an equitable remedy, which means that profits cannot be called "ill-gotten" if you can't show causality.

The counter-parties testified that Trump's SFC's did not impact their decisions on the interest rates, so the lack of causality is already established in the factual record.

All the appeals court has to do is apply the testimony of the counter-parties to the law, and decide if disgorgement was a proper remedy to the offense.

Never gotten into the appeals process much at all.

Thanks for the info.

 

[Delldude]

You prayed for Trump to have to pay $175 million today and then the remaining $279 million plus interest once he loses his final appeal?

Prepared to eat your own words, master of all news sources?

 

[Billo_Really]

Court decides $454 was excessive? TDS warning issued​

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules​

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

The ruling by a five-judge panel of appellate court judges is a crucial and unexpected victory for the former president, potentially staving off a looming financial disaster. Had the court denied his request — and had he failed to obtain the full bond — Mr. Trump was at risk of losing control over his bank accounts and, eventually, even some of his marquee properties.

Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules

The former president must post a bond of $175 million within 10 days as he appeals the $454 million judgment against him.

www.nytimes.com

Ah, fuck man!

 

[MagicMike]

Prepared to eat your own words, master of all news sources?

Eat my own words?
How so? Trump is still on the hook for the entire original amount in the ruling against him. He just gets to pay a lower amount now and then the remaining $279 million (with interest) once he loses his final appeal, which he surely will since he doesn't have a credible defense for the charges.
All he has done is stalled a bit more. Aren't we all used to this?
I'm actually getting a kick out of watching it play out.

"Donald Trump is still facing accountability for his staggering fraud. The court has already found that he engaged in years of fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization. The $464 million judgment – plus interest – against Donald Trump and the other defendants still stands," James said in a statement."

Letitia James fires back after Donald Trump's bond reduction

The former president was handed a lifeline as an appeals court agreed to lower the bond amount in his civil fraud case.

www.newsweek.com

 

[berg80]

Trump's attorney's were not trying to "win" in Engoron's court. That would have been a waste of time- Trump was found guilty before the "trial" even began.

Summary judgements are not uncommon when the facts are as compelling and irrefutable as they were in this case. The documentary evidence of the Trump Org.'s guilt submitted by James was overwhelming.