Alex Acosta was the prosecutor.
Acosta was not Epstein's lawyer. He was the prosecutor.
When the Miami Herald looked into the sweetheart deal he gave to Epstein, they convinced new witnesses to come forward and that led to Epstein being prosecuted in NY.
I don't think Donald Trump owns any hotels in NY
He has one in Chicago and one in Vegas.
The one by Central Parks is owned by GE. He owns the parking and retail. He doesn't own the hotel. There's residential in that building too and I think he has a piece of that.
This really wouldn't affect New Yorkers very much.
You can go here and go the section on NYC real estate and see what owns. It's impressive for, one person, but the total real estate value of NYC is a couple of trillion dollars. No one person comes anywhere close to controlling it. There's over 6,000 high-rise buildings in New York
The number is based on the original ruling plus interest.
The law the case was tried under passed 67 years ago. When Trump was 10.
It's separate from the rules on appeals.
NY Executive Law 62 regulates business in the sate. It has pretty broad powers.
So he can take out a bank loan but not from a NY bank
You pay a bond
It's kept like escrow funds.
It prevents the sort of issue you mention
I tried to walk through some of it here. https://greatawakening.win/p/17sP6RDBcE/original-research--wtf-just-happ/
He clearly cant go to a bank in New York for a loan - No matter what his assets are worth, he can't get a loan in NY. That was part of the judgement against him.
In his ruling, Engoron banned Trump from serving as an officer or director in any New York corporation for three years, prohibited him from taking out loans with New York banks
I think it goes to NY state.
I know there is a fund for victims of crime, but I don't know if civil judgements go into that
The case will be appealed.
The interest is set at 9%. In the NY case it's already 100 million.
You hit the nail on the head. This is in motion and it's coming fast.
I tried to figure out the asset issues of this and it's going to be an issue. Most of his wealth is not liquis. Forbes estimated he has about 400 million cash, but he still has a lot of other loans on his buildings.
https://greatawakening.win/p/17sP6RDBcE/original-research--wtf-just-happ/
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.
But I have never heard of paying a bond to be able to appeal a decision.
They are used across the country.
This is not a NY thing .
You can find your state rules here.
This is standard practice.
Let's say you sue me and you are awarded $100,000.
If I didn't want to pay you or just delay paying you I could spend $30 and file an appeal. Even if I had no chance of winning. So to prevent frivolous appeals they make you put up the money.
Early September
https://www.cnn.com/2020/09/10/politics/microsoft-election-hacking-report/index.html An Indictment came down in 2021
Yup. Very strange deal