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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJudge 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.
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.
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Judge Engoron 'dubious' of Trump's $175M bond agreement at revocation hearing (Original Post)
LetMyPeopleVote
Apr 22
OP
orangecrush
(19,617 posts)1. Please please please
Let the bond be revoked
jimfields33
(15,954 posts)2. I believe they came to an agreement
to take trumps name out of control so the bond could stand.
orangecrush
(19,617 posts)3. Thanks
We shall see what happens.