Lol everyone knows a Trump never pays their debts
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Then let's start liquidating assets.
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Why would a billionaire need a bond? Could he be lying about his wealth?
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Lmao, from an NPR article on the same topic:
They filed an affidavit from an insurance broker saying it is "not possible" to find a bond that big. The broker was an expert witness for Trump during the trial.
The trial judge already noted in his decision that this broker was a "close personal friend" of Trump's and had a financial interest in the outcome. A decision could come from the appeals court later this week.
I'm sure the judge will give the broker's opinion all the deference it's due. /s
Sounds like somebody needs their ass behind bars, then.
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Trump has been unable to get bond for $464 million judgment, his lawyers say
Now there’s a fucking surprise. What a fraud.
is not possible under the circumstances
presented
Of my client's entire history dealing with others
I’ve actually been thinking about this. If the RNC ends up paying his legal bills, wouldn’t that qualify as income, that he has to pay taxes on?
🤖 I'm a bot that provides automatic summaries for articles:
Click here to see the summary
Former President Donald Trump has not been able to get a bond to secure the $464 million fraud judgment against him, his lawyers said in a court filing Monday.
Trump and his company need to post a bond for the full amount by next week in order to stop New York Attorney General Letitia James from being able to collect while he appeals.
Their efforts, including “countless hours negotiating with one of the largest insurance companies in the world,” have proven that “obtaining an appeal bond in the full amount” of the Judgment “is not possible under the circumstances presented,” the filing said.
"Defendants’ real estate holdings — including iconic properties like 40 Wall Street, Doral Miami, and Mar-a-Lago, — greatly exceed the amount of the judgment.
Such assets are impossible to secrete or dispose of surreptitiously, leaving the plaintiff effectively secured during the pendency of an appeal," the filing said.
Trump's team also argued the $464 million penalty is “grossly disproportional” and cited the argument they made throughout the months-long trial that "there are no victims, as there were no damages and no financial losses."
Saved 61% of original text.
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