Trump Must Pay Half a Billion Dollars Before He Can Appeal New York Decision (Can they do this, any Lawyers out there to comment on this?)
(www.breitbart.com)
🧐 Research Wanted 🤔
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Oviously this is wrong. Because once paid (and spent), then appealed and overturned, how you gonna claw back?
It's like being held in escrow.
If he is going to appeal the E Jean Carroll case. She will not get the money. It will be held pending appeal.
But to prevent her executing the judgement, you need to STAY the judgement. Stay is legalese for pause.
But to prevent anyone who loses from appealing and just delaying payment with no case, they make you put up the money.
There are appeal bond companies, just like there bail bond companies.
Without the stay, she could put a lien on his assets.
You pay a bond
It's kept like escrow funds.
It prevents the sort of issue you mention