Trump has been unable to get bond for $464 million judgment, his lawyers say
Trump has been unable to get bond for $464 million judgment, his lawyers say
In a filing to an appeals court, Trump's attorneys said getting the bond needed to halt proceedings while they appeal is a "practical impossibility."
You're viewing a single thread.
Trump and his company need to post a bond for the full amount by next week in order to stop New York Attorney General Letitia James from being able to collect while he appeals.
He doesn't have the cash to pay, so when NY collects, they can start forcing sales on his property.
If he gets the bond, then it just sits there till after appeals. Which would prevent him from selling property he put up for bond, but he'd still own them.
If he misses that bond, the rest of the dominoes will fall like a house of cards. Checkmate
Thanks for the summary, Zap!
Maybe we should start an organization to buy his buildings as a Cooperative?
Back in the late '80s, Spy magazine had a plan to collect donations to purchase a condo in one of Trump's buildings - which they were then going to donate to the outgoing president of the Industrial Workers of the World to retire in.