Right now Trump does not have a stay of the judgement. Deadline is tomorrow. He
He filed a motion requesting one. James requested to argue against it. The judge eventually let her submit her argument after initially making her remove the argument from the request.
So Monday might be a busy day.
The Appellate judge has not made a ruling. I don't know if anything compels the judge to rule by Monday.
In court Trump said he couldn't get a bond. On Friday outside of court, he said he had 500 million cash. Which should mean a bond is easy to get.
One part of the judgment Trump and his sons can be officers in NY company for 3 years. I have no idea how that gets enforced
Lots of folks have focused on the buildings. But reports today say the first thing a creditor goes after is bank accounts. You deal directly with the bank.
God speed his success.
I would assume they have ever thing in place in case the judge turns him down.
I'm sure getting all this together is not easy......I'm surprised there's been no other announcements. I would assume they already have the paperwork written up too.
It would be funny if the banks that he supposedly defrauded paid the bond.
https://www.politico.com/news/2024/03/22/trump-judgment-bond-asset-seizure-00148587
It seems each step of the way requires her to go to the court
Is this a fishing expedition? Trying to gain access to properties in an attempt to find a missing binder?Nah, I’m reaching, right?
I think you're reaching.
,😂🤣
The judge who James would be asking for approval is Engoron
For this type of bond, it would cost $555M. It seems strange. Criminals pay a fraction of the bond amount.
If he worked with a bond company he would pay a fraction too. But he still would have have enormous collateral to get the bond. The cost is a lot less.
In court they said they were working with a bond company and that company said they would not take real estate as collateral. So he needs to pledge liquid assets. But the cost they said was 18 million for two years I think.
…”but I need my ($500MM) cash to fund my campaign!”…Movie = “Election Interference”…🤔
Eric Trump today
A half a billion dollar bond is simply not commercially available. The 30 largest bonding companies in the United States have never seen a bond close to this size for anyone, let alone a private company. Letitia James is hellbent on a political vendetta against my father with zero regard for the lives of thousands of hard-working New Yorkers, who make their living in our buildings.
https://twitter.com/EricTrump/status/1771908300382040318?t=6NADUTSYz72YPHlijLCxiA&s=19
He will cart it in in pennies
waiting on news monday Trump paid in cash, all singles.