Trump and co-defendants should post bond for full $464 million judgment, NY attorney general says

[Uncle Joe]

The AG's office argued Trump might be unable to satisfy the judgment.

(snip)

The attorney general’s office argued that the former president might be unable to satisfy the judgment or could attempt to evade penalties in the absence of a full bond.

(snip)

"To stay enforcement of a set monetary judgment pending appeal, the Legislature has required defendants to post a bond or deposit funds in the full amount of the judgment. That requirement applies to defendant Donald J. Trump and his co-defendants, just as it applies to any other appellant," the filing said.

The AG’s filing said that Trump has also failed to prove his claim that he would have to sell buildings to pay off the judgment in the case, adding that Trump’s arguments run contrary to his earlier arguments about his wealth.

"First, defendants fail to provide any support for their unsubstantiated claim … that posting a bond or depositing funds is ‘impossible’ absent a sale of properties," the filing said. "Defendants have never demonstrated that Mr. Trump’s liquid assets—which may fluctuate over time—will be enough to satisfy the full amount of this judgment following appeal."

(snip)

https://abcnews.go.com/Politics/trump-defendants-post-bond-full-464-million-judgment/story?id=108031376



Do More and Fear.Less. with Chubb Insurance

[Ocelot II]

1. In that trial he bragged about how rich he was and that he hadn't overvalued his assets.

But now that he has to pony up, all of a sudden he can't afford to pay the judgment without selling off his buildings. So which is it?

[kimbutgar]

2. I'm kind of dumb on legal stuff

But can the supreme court give immunity to him in the NY case?

[Uncle Joe]

3. I believe that one is out of their hands,

unless they decide to write some more law.