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Jarqui

(10,918 posts)
25. "her office should be on the hook for the costs "incurred" by forcing their response"
Tue Apr 16, 2024, 06:46 PM
Apr 2024

The above is beyond insulting.

The bulk of their information just got filed yesterday.

Prior to that, her response to this bond was absolutely right on. It stunk big time.

I sped read their docs. At a glance, part of what their latest documents leaves unclear (and maybe I missed something) is what other hooks are into the figures they cite - so what is net available if it comes time to collect and will it be there when that time comes..

And how will it work - who does AG James go to to collect the dough, etc.

They're cash and equivalents. What happens if the equivalents go in the toilet?

Maybe it is all fine. One can only digest so much in a flip through the docs over a very few minutes.

To me, it is what they should have submitted in the first place. But there is still a bunch she has to verify.
There is a very good chance she's going to have to collect this money so she has to make sure this is very solid. I can almost guarantee there is more info required.

It is not clear to me how it will work. Trump loses the appeal. Who pays? If that surety party doesn't, what is the mechanism to get someone else to step up - the backs of the insurance company? I did not see any agreements like that. (maybe I missed them)

What you don't want, particularly with Trump, is some flimsy clause that lets Trump take them to court for another ten years to fight over collecting the bond.

I think AG James did a heck of a job in this case and she has been absolutely right in forcing these steps to make sure the path is clear to collect with no games.

Recommendations

1 members have recommended this reply (displayed in chronological order):

And yet they can continue with their bullshit?.............................. Lovie777 Apr 2024 #1
meidastouch channel read from the latest and it appears that Trump pasted the security page for Demsrule86 Apr 2024 #7
Don Hankey and Don Hankey Pankey! Mme. Defarge Apr 2024 #13
So true...scumbag Don with scumbag lawyers. Demsrule86 Apr 2024 #14
So true. And today the AG asked that the court deny Trump's so called bond. Demsrule86 Apr 2024 #38
The account control has more holes moniss Apr 2024 #17
Oops! TexasBushwhacker Apr 2024 #2
That was an internet myth. former9thward Apr 2024 #27
Ah! TexasBushwhacker Apr 2024 #28
I have no idea what to make of the article. IANAL, but ai hope someone who is Raven123 Apr 2024 #3
The article downplays the fact that Trump's side has made a credible argument that the surety can be accepted onenote Apr 2024 #5
The bond is based on the backing of a Trump trust that supposedly has money and assets that can convert to money. 58Sunliner Apr 2024 #24
Sounds kind of like they simply needed a piece of paper stating that the assets actually exist to cover the judgement. cstanleytech Apr 2024 #8
So...a fraudulent bond posted for a fraud trial?! BadgerKid Apr 2024 #4
You assume that the surety's legal arguments are without merit. onenote Apr 2024 #6
My feeling would be for the surety moniss Apr 2024 #12
Do you have experience with reinsurance policies? onenote Apr 2024 #31
Yes moniss Apr 2024 #35
Great. Can you explain why isn't the reinsurance coverage from KIC is invalid? onenote Apr 2024 #36
We have no idea moniss Apr 2024 #37
Did you actually listen? Traurigkeit Apr 2024 #22
Good one. You can't make this sh*t up. n/t iluvtennis Apr 2024 #39
Brothers and sisters, let us delay. Hermit-The-Prog Apr 2024 #9
He doesn't have the money. Old Crank Apr 2024 #10
NY state law. OK did they abide by NY state law? bluestarone Apr 2024 #11
Laughable that the insurance faux bond lender "rejected" the NY AG ??!! PortTack Apr 2024 #15
Is Trump's IRS tax audit complete yet? twodogsbarking Apr 2024 #16
Two weeks. underpants Apr 2024 #26
The certification moniss Apr 2024 #18
So Trump and his lawyers filled a fraudulent document so he can appeal his guilt on running a fraudulent business? Botany Apr 2024 #19
Just seize the fucking property already. Anything and everything until you reach 500 million. onecaliberal Apr 2024 #20
I wonder how much of his and his company's properties are already leveraged to the hilt? Botany Apr 2024 #21
I'm sure all of it is. onecaliberal Apr 2024 #29
I give up. johnnyfins Apr 2024 #23
"her office should be on the hook for the costs "incurred" by forcing their response" Jarqui Apr 2024 #25
As I've stated before angrychair Apr 2024 #30
Oh shit Yo_Mama_Been_Loggin Apr 2024 #32
so now they will be given another couple of weeks to provide more proof. Kablooie Apr 2024 #33
"Just say you are securing the bond, and let me and my Republican friends do the rest..." kentuck Apr 2024 #34
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