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WarGamer

(18,913 posts)

11. The bond will be paid. It's really his only choice.

Reply to LetMyPeopleVote (Reply #8)

Sat Jan 27, 2024, 06:11 PM

Jan 2024

And for the people who think there's no money...

His stake in DWAC is over 700m as of today... he can get a loan on a small portion of his stake EASY, just like all the billionaires do and avoid taxes.

Remember when you said DWAC would be liquidated by now, Goth? And the merger will be closed this year, too.

This makes me laugh.

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Please confirm this is true: The Court can seize the $83.3M without The Defendant's consent. [View all] Stinky The Clown Jan 2024 OP

I suspect they can if Trump doesn't pay. Problem is does he have anything without liens Silent Type Jan 2024 #1

The problem is here.... ProudMNDemocrat Jan 2024 #9

Well, he said he's going to appeal, so he will have to post what is called a supersedeas bond to secure the appeal. rsdsharp Jan 2024 #2

What would a "supersedeas bond" for $83.3M cost? n/t Silent3 Jan 2024 #3

If it is like Bail 10% dsc Jan 2024 #4

It's not. rsdsharp Jan 2024 #6

Apparently it is 20% for appeal bond dsc Jan 2024 #12

At least the amount of the judgment. It could be higher -- rsdsharp Jan 2024 #5

The bond price should be 10% of bond amount but no one will issue bond without security LetMyPeopleVote Jan 2024 #7

Unless a supersedes bond is in place, E.J. Carroll can start foreclosing on TFG's assets after 15 days LetMyPeopleVote Jan 2024 #8

The bond will be paid. It's really his only choice. WarGamer Jan 2024 #11

OPM Bmoboy Jan 2024 #13

He's going to post bond and drag it out as long as he can with appeals. WarGamer Jan 2024 #10