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Trump and co-defendants should post bond for full $464 million judgment, NY attorney general says
The AG's office argued Trump might be unable to satisfy the judgment.
(snip)
The attorney generals office argued that the former president might be unable to satisfy the judgment or could attempt to evade penalties in the absence of a full bond.
(snip)
"To stay enforcement of a set monetary judgment pending appeal, the Legislature has required defendants to post a bond or deposit funds in the full amount of the judgment. That requirement applies to defendant Donald J. Trump and his co-defendants, just as it applies to any other appellant," the filing said.
The AGs filing said that Trump has also failed to prove his claim that he would have to sell buildings to pay off the judgment in the case, adding that Trumps arguments run contrary to his earlier arguments about his wealth.
"First, defendants fail to provide any support for their unsubstantiated claim that posting a bond or depositing funds is impossible absent a sale of properties," the filing said. "Defendants have never demonstrated that Mr. Trumps liquid assetswhich may fluctuate over timewill be enough to satisfy the full amount of this judgment following appeal."
(snip)
https://abcnews.go.com/Politics/trump-defendants-post-bond-full-464-million-judgment/story?id=108031376
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Trump and co-defendants should post bond for full $464 million judgment, NY attorney general says (Original Post)
Uncle Joe
Mar 11
OP
Ocelot II
(115,831 posts)1. In that trial he bragged about how rich he was and that he hadn't overvalued his assets.
But now that he has to pony up, all of a sudden he can't afford to pay the judgment without selling off his buildings. So which is it?
kimbutgar
(21,182 posts)2. I'm kind of dumb on legal stuff
But can the supreme court give immunity to him in the NY case?
Uncle Joe
(58,412 posts)3. I believe that one is out of their hands,
unless they decide to write some more law.