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Trumps 175 million dollar bond will stand.

Posted on 4/22/24 at 10:36 am
Posted by Rebel
Graceland
Member since Jan 2005
131476 posts
Posted on 4/22/24 at 10:36 am
Big Letecia with the L.

Sorry can’t link. It was on live TV.
Posted by lsufan1971
Zachary
Member since Nov 2003
18365 posts
Posted on 4/22/24 at 10:38 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99153 posts
Posted on 4/22/24 at 10:38 am to
fricking cuuuuuuunt
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74273 posts
Posted on 4/22/24 at 10:43 am to
Law offices of SlowFlow, Racist Boosie and Clown Cwill devastated again
Posted by TigerB8
End Communism
Member since Oct 2003
9365 posts
Posted on 4/22/24 at 10:56 am to
Posted by WeeWee
Member since Aug 2012
40191 posts
Posted on 4/22/24 at 10:58 am to
quote:

Big Letecia with the L.


Hahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24717 posts
Posted on 4/22/24 at 11:10 am to
Let's not lose sight of the fact that 175M is still a fricking travesty of justice. This is yet another example of how the left presents something so incredibly extreme so that when what would otherwise be seen as extreme is in effect we see it as a victory for our side.
Posted by Jack Carter
Member since Sep 2018
10498 posts
Posted on 4/22/24 at 11:12 am to
Posted by OzonaOkapi
Patrolling the Edwards Plateau
Member since Apr 2024
400 posts
Posted on 4/22/24 at 11:15 am to
Engeron approves bond
quote:

While Engoron allowed the bond to stand, Trump and Knight Specialty Insurance Company agreed to meet several new requirements, per a spokesperson from the New York State Attorney General's office.

These include that Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond.

Knight Specialty Insurance Company has agreed to designate an agent of process in New York.

The agreement between the company and Trump also can't be amended without court approval.
The point of this exercise was to ensure that the surety had the liquidity to satisfy its obligations under the bond. These new conditions appear to provide that.
This post was edited on 4/22/24 at 11:35 am
Posted by tommy2tone1999
St. George, LA
Member since Sep 2008
6795 posts
Posted on 4/22/24 at 11:35 am to
Posted by ronricks
Member since Mar 2021
7103 posts
Posted on 4/22/24 at 2:04 pm to
Welp.
This post was edited on 4/22/24 at 2:05 pm
Posted by OzonaOkapi
Patrolling the Edwards Plateau
Member since Apr 2024
400 posts
Posted on 4/22/24 at 2:24 pm to
QUERY:

if Trump had $175mm in cash to give to Knight Insurance to “cover” the bond, why not just deposit those funds in the registry of the court, and thereby avoid this entire debacle, Including payment of a bonding fee to Knight?
This post was edited on 4/22/24 at 2:27 pm
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24969 posts
Posted on 4/22/24 at 6:55 pm to
quote:

175 million dollar bond will stand

I'm not spiking the football on this one. Ever.

A $175,000,000 bond is still a blatant violation of Trump's Eighth Amendment rights.
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