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Breaking: Trump is unable to make $464 million bond in civil case

Posted on 3/18/24 at 10:40 am
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23486 posts
Posted on 3/18/24 at 10:40 am
does that mean Latita will now seize his properties ?
banan republic

LINK
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74587 posts
Posted on 3/18/24 at 10:41 am to
Please try and seize Trump Tower and hotel

Would be amazing to witness
Posted by Chad504boy
4 posts
Member since Feb 2005
166992 posts
Posted on 3/18/24 at 10:42 am to
whatever he does, i hope he does it very unified so bunchie don't get mad.
Posted by BearCrocs
Member since Aug 2013
6485 posts
Posted on 3/18/24 at 10:42 am to
No because they want the cash not the properties in terms of underwriting the bond.

Posted by SirWinston
PNW
Member since Jul 2014
82633 posts
Posted on 3/18/24 at 10:42 am to
Yeah I think this is the right move for Trump. Make them overstep.

Shakespeare himself could not have written this story arc.
This post was edited on 3/18/24 at 10:44 am
Posted by roadGator
Member since Feb 2009
141015 posts
Posted on 3/18/24 at 10:42 am to
Why aren’t Trump supporters donating more?

I don’t know the mechanics of this kind of BS but would her slimy arse just end up with liens on the property?
Posted by teke184
Zachary, LA
Member since Jan 2007
96670 posts
Posted on 3/18/24 at 10:43 am to
It means that he won’t be allowed to appeal and the judgment will be enforced IIRC.

Which is fricking horseshite because it was a default judgment and the trial was only to determine the damages.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68425 posts
Posted on 3/18/24 at 10:46 am to
quote:

Potential underwriters are seeking cash to back the bond, not properties, according to Trump’s lawyers.



quote:

An insurance broker, Gary Giuletti, who testified for Trump during the civil fraud trial, signed an affidavit stating that securing a bond in the full amount “is a practical impossibility.”
This post was edited on 3/18/24 at 10:47 am
Posted by Sixafan
Member since Aug 2023
642 posts
Posted on 3/18/24 at 10:47 am to
If they seize any properties and trump wins the appeal NY will have a YUUGE damage suit again then for wrongful seizure
Posted by GumboPot
Member since Mar 2009
119176 posts
Posted on 3/18/24 at 10:47 am to
quote:

Former President Donald Trump can’t find an insurance company to underwrite his bond to cover the massive judgment against him in the New York attorney general’s civil fraud case, his lawyers told a New York appeals court.

Trump’s attorneys said he has approached 30 underwriters to back the bond, which is due by the end of this month.

“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers wrote. (Trump himself was fined $454 million; the $464 million includes the disgorgement for his adult sons Don Jr. and Eric.)
Posted by jbdawgs03
Athens
Member since Oct 2017
9785 posts
Posted on 3/18/24 at 10:48 am to
quote:

An insurance broker, Gary Giuletti, who testified for Trump during the civil fraud trial, signed an affidavit stating that securing a bond in the full amount “is a practical impossibility.”
Posted by cajunangelle
Member since Oct 2012
147700 posts
Posted on 3/18/24 at 10:50 am to
this is a clown show of lawfare-duh. but didn't he already post bail on this?

can we see Leticia giving Trump Tower to all the illegals? all of them living in Baron's wing? Melania's dressing room?

how trifling that this is what she wants. as Kevin said, no real estate developer will do business there again so just form NYCity to Cally and cast them off into an ocean.
Posted by GumboPot
Member since Mar 2009
119176 posts
Posted on 3/18/24 at 10:50 am to
"The thugs in New York are stealing my property" is a great line on the campaign trail.
Posted by GumboPot
Member since Mar 2009
119176 posts
Posted on 3/18/24 at 10:54 am to
quote:

does that mean Latita will now seize his properties ?


This is the kind of stuff Putin does in Russia.
Posted by momentoftruth87
Member since Oct 2013
72364 posts
Posted on 3/18/24 at 10:56 am to
As one of the biggest Trump supporters there is, I hope they kick him out of properties and put illegals in them for housing. Let’s see how crazy you are NY
Posted by ItzMe1972
Member since Dec 2013
9839 posts
Posted on 3/18/24 at 11:03 am to
Lawfare while Biden is free to campaign.
Posted by Gifman
by the mountains
Member since Jan 2021
9676 posts
Posted on 3/18/24 at 11:43 am to
Ghetto mama Leticia is pissed
Posted by Mephistopheles
Member since Aug 2007
8331 posts
Posted on 3/18/24 at 11:47 am to
Looking forward to staying in the luxury Leticia Hotel.

Also looking forward to the excuses made on Trump's behalf since this proves he's not a billionaire.
Posted by hogcard1964
Illinois
Member since Jan 2017
10682 posts
Posted on 3/18/24 at 12:02 pm to
I stopped reading at CNN
Posted by themunch
Earth. maybe
Member since Jan 2007
64790 posts
Posted on 3/18/24 at 12:03 pm to
I see it as Political extortion.
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