No, the notice of appeal is already filed.
Not how it works. See above post.^
Not on the bond.
It is pretty unlikely the appellate division doesn't reduce the bond or grant a discretionary stay.
And the State moved yesterday to quash that. Given Trump's repeated demonstration of ongoing financial misconduct, their fears are warranted.
Okay if you say so. What's the purpose of the bond? Trump can just ignore it???
He cannot. They can start the process of siezing his properties on 03/26.
The bond guarantees there are funds to satisfy the judgement. It prevents the money from being squirreled away somewhere out of reach while the appeal is heard.
Trump cannot use real estate for collateral on a bond because the surety companies do not take real estate as collateral. He didn't use real estate on the first bond either, at least per Chubb.
I’d like to see Trump property turned into a low rent or dwelling for the homeless. Poetic Justice. That’s the only way the rich will ever help the poor.Oh my! Can't move the buildings, can't hide them. Take away the visible fruits of his crime...sounds like justice, to me~
Letitia James says she's prepared to seize Trump's buildings if he can't pay his $354M civil fraud fine
New York AG Letitia James tells ABC News that she is prepared to seize Donald Trump's assets if he is unable to pay the $354 million fine in his civil fraud case.abcnews.go.com
Four days after a judge ordered former President Donald Trump to pay $354 million in his civil fraud case, New York Attorney General Letitia James told ABC News that she is prepared to seize the former president's assets if he is unable to find the cash to cover the fine.
"If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets," James said in an interview with ABC News' Aaron Katersky.
Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest on Friday after Judge Arthur Engoron determined that he inflated his net worth in order get more favorable loan terms.
The former president has denied all wrongdoing and has said he will appeal.
Saying that she was "very confident" with the strength of her case on appeal, James reiterated that her office would not hesitate to seize Trump's assets -- mentioning Trump's 40 Wall Street skyscraper by name -- if the former president is unable to find the cash to cover the court-ordered disgorgement.
"We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day," James said of the standard court process for collecting judgments in civil cases.
www.salon.com
Probably from some Putin back source.
Link?
They don't say. The AG is claiming real estate, which is the opposite of what Chubb said, so "he said, she said"..
www.salon.com
Once again, dumbass Trump and his incompetent legal team waited too long to prepare. They don't seem to take this seriously.NY AG Letitia James urges appeals court to be wary of Trump's bond story - Salon.com
NY AG Letitia James urges appeals court to be wary of Trump's bond story
Questioning why potential backers aren't just accepting Trump's real estate assets as collateral, Fan found opportunity for a dig at their true value, writing, "As far as the Court can infer, sureties may have refused to accept defendants' specific holdings as collateral because using Mr. Trump's real estate will generally need 'a property appraisal' and his holdings are not nearly as valuable as defendants claim."
