TFG's bond hearing is today in the NY Civil case. Here's hoping it is deemed deficient and the fire sale begins!

[MLAA]

After a couple of google searches I still cannot find when the hearing starts today. Anyone know?

[Ocelot II]

1. There seems to be quite a bit of misunderstanding about the purpose of an appeal bond.

And that purpose is to protect the judgment for the benefit of the party who won it. The AG wants an appeal bond, just not one that's defective and that would be unlikely to provide that protection. If this one is rejected by the court (and it looks pretty dodgy) they might be given one more chance to acquire one that meets all the requirements. Otherwise the AG can start the process of filing liens on Trump's assets, but the notion that the state will instantly "own" things like Trump Tower and Mierda-Loco and can sell them right now is simply mistaken. It means only that the state will have acquired a security interest in those things, and if the appeal fails, as is likely, sales might be forced in which the state's interest is secondary to prior lienholders such as mortagees and part-owners.

[MLAA]

8. Thank you for the insight and explanation.

Since he was already given one chance to cure the first submission of his bond, is it not possible (though not likely) that the judge would would not give him another chance to submit another try at getting an acceptable bond?

Thanks, you legal input is always valued.

[malaise]

2. Get thee to the greatest page for

Visibility

[Ocelot II]

3. It's today.

https://abcnews.go.com/US/trumps-attorneys-argue-acceptance-175m-bond-civil-fraud/story?id=109475776

[getagrip_already]

4. one minor point... the ag is asking to give them 7 days to come up with a good bond

She wants the judge to toss this one, but give tsf 7 days to come up with a sound bond.

She isn't asking to be let loose today.

[MLAA]

9. Thanks for the clarification!

[LetMyPeopleVote]

5. Judge Engoron 'dubious' of Trump's $175M bond agreement at revocation hearing

This bond should be rejected.

Link to tweet

https://www.rawstory.com/trump-bond-hearing/

New York Supreme Court Justice Arthur Engoron reportedly appeared "dubious" Monday about a scheme to raise a $175 million bond so that Donald Trump could appeal a fraud ruling against him.

Engoron ordered the hearing after New York Attorney General Letitia James asked to revoke the bond because she had doubts that insurance company Knight Specialty Insurance could legitimately put it up. Engoron indicated that Knight Specialty Insurance Company would have to prove it could assure bond payment.

"Engoron seems dubious of relying on Charles Schwab to maintain $175M of collateral," Law360 reporter Rachel Scharf noted on X, referring to Trump using a Charles Schwab account as collateral and James' concerns that Trump still had access to the account.

"What if they break the agreement?” Merchan asked.

"Your hypothetical is calling into question the veracity of one of the largest financial institutions in the world," Trump attorney Chris Kise pleaded.

[elocs]

6. "Fire sale". Why not wait until or if it happens rather than prematurely gloat about it? n/t

[MLAA]

7. Hoping and gloating are two different things.