When does Trump have to pay $355 MM?

91,868 Views | 1167 Replies | Last: 10 days ago by aTmAg
eric76
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AG
aggiehawg said:

Damn! This judge keeps overstepping and trampling the law.

Quote:

A judge ordered Donald Trump's company Thursday to inform a court-appointed financial watchdog about any efforts to obtain an appeal bond.

Judge Arthur Engoron's order came three days after Trump's lawyers in an appeals court filing said it has been "impossible" so far for the former president to get such a bond for a civil business fraud case he lost.

Trump sought the bond to prevent New York Attorney General Letitia James as early as Monday collecting on a $454 million civil fraud judgment against him as he appeals the verdict in Manhattan Supreme Court.

His lawyers have said that more than 30 surety companies rejected writing a bond for Trump because they would not accept real estate as collateral.

Trump has asked the appeals court to pause the judgment from taking effect without having to secure a bond. That court has yet to rule on his request.

In his order Thursday, Engoron told the Trump Organization it must tell its financial overseer, Barbara Jones, "in advance, of any efforts to secure surety bonds."
LINK

Due process doesn't apply to Trump, I guess.
What due process should he have received but did not get?
aggiehawg
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AG
Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
PA24
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AG
Trump has the 1/2 billion dollar bond money.

Mark my words, the people that are behind taking advantage of our justice system to prosecute Trump will pay a heavy once the smoke clears.


https://www.foxnews.com/politics/trump-says-he-has-nearly-500m-cash-suggests-could-afford-bond-new-york-ag-case-slams-hack-judge
captkirk
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AG
aggiehawg said:

Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
Nothing new here
MagnumLoad
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I certainly hope so
eric76
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AG
aggiehawg said:

Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
I understand that he can't get a bond and can't round up enough cash for escrow. Are those his only options? Is the court obligated to reduce the judgment to something that he can get a bond to cover?

Or is it perhaps that the monitor is keeping a close eye on what he does?

Or something else?
MarkTwain
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aggiehawg said:

Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
Consider the source
“Never argue with stupid people, they will drag you down to their level and then beat you with experience" - Mark Twain
Reality Check
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eric76 said:

aggiehawg said:

Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
I understand that he can't get a bond and can't round up enough cash for escrow. Are those his only options? Is the court obligated to reduce the judgment to something that he can get a bond to cover?

Or is it perhaps that the monitor is keeping a close eye on what he does?

Or something else?


How about the complete shredding of his seventh and eighth amendment rights?

Author of the TexAgs Post of The Day - May 31, 2024

How do I get a Longhorn tag?
BMX Bandit
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Good argument on 8th
Not on 7th

7th never been incorporated and this was not a case under common law, but statutory action for equitable relief
Barnyard96
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AG
What moves could the AG or Judge make that would give Trump a path to a Federal appeal?

Could there be anything about his NYC properties that cross state lines?
BMX Bandit
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He has operations in multiple states.

I don't see how he can get to federal court before exhausting his state court remedies, but happy to consider possibilities people have
Ellis Wyatt
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eric76 said:

aggiehawg said:

Quote:

What due process should he have received but did not get?
Really? You do not understand what is going on here?
I understand that he can't get a bond and can't round up enough cash for escrow. Are those his only options? Is the court obligated to reduce the judgment to something that he can get a bond to cover?

Or is it perhaps that the monitor is keeping a close eye on what he does?

Or something else?
It's something else. This was all meant to interfere in the election and hinder Trump from campaigning. Nothing more.
aggiehawg
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AG
BMX Bandit said:

Good argument on 8th
Not on 7th

7th never been incorporated and this was not a case under common law, but statutory action for equitable relief
And ironically, the AG here definitely has unclean hands. Talk about equity.
UAS Ag
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BMX Bandit said:

Good argument on 8th
Not on 7th

7th never been incorporated and this was not a case under common law, but statutory action for equitable relief
None of the other amendments had been incorporated until they were...
Barnyard96
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AG
BMX Bandit said:

He has operations in multiple states.

I don't see how he can get to federal court before exhausting his state court remedies, but happy to consider possibilities people have


Just heard this get thrown around by the talking heads yesterday.
BMX Bandit
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True, but even if it were incorporated tomorrow,doesn't apply here
aggiehawg
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AG
BMX Bandit said:

He has operations in multiple states.

I don't see how he can get to federal court before exhausting his state court remedies, but happy to consider possibilities people have
If he does try to file in federal court for a temporary injunction, he'll have to do it today. Try to distinguish the Pennzoil case as much as possible.
UAS Ag
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BMX Bandit said:

True, but even if it were incorporated tomorrow,doesn't apply here
I know...hence the wink emoji.
Barnyard96
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AG
aggiehawg said:

BMX Bandit said:

He has operations in multiple states.

I don't see how he can get to federal court before exhausting his state court remedies, but happy to consider possibilities people have
If he does try to file in federal court for a temporary injunction, he'll have to do it today. Try to distinguish the Pennzoil case as much as possible.


Could they grant an injunction while they consider it?
BMX Bandit
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Quote:

Could they grant an injunction while they consider it?


Not if they follow the law.

The case she cited goes directly against Trump running to federal court
Barnyard96
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AG
Unless, as she pointed out, they find a distinction
BMX Bandit
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Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't
Barnyard96
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AG
BMX Bandit said:

Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't


State vs citizen compared to corp vs corp?
UAS Ag
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BMX Bandit said:

Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't
Can't they just hit them with a writ of hoc est fasciculum stercore?
aggiehawg
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AG
BMX Bandit said:

Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't
Not sure that would work ultimately but the legal fiction that corporations are "persons" does have some limits.

What rights does a sole beneficiary of a trust have, for instance?
bobbranco
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AG
He does not. It's amazing.
BMX Bandit
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Barnyard96 said:

BMX Bandit said:

Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't


State vs citizen compared to corp vs corp?


How is that relevant to comity?

Younger v Harris, on which Pennzoil v Texaco relies, is state v individual.
aggiehawg
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AG
BMX Bandit said:

Barnyard96 said:

BMX Bandit said:

Barnyard96 said:

Unless, as she pointed out, they find a distinction


Id love to hear the distinction. Public v private company won't be relevant. I hope they did come up with one, but truth is they mostly likely won't


State vs citizen compared to corp vs corp?


How is that relevant to comity?

Younger v Harris, on which Pennzoil v Texaco relies, is state v individual.
That was a 42 USC 1983 case, wasn't it? Harris was being prosecuted for criminal violatons and tried to assert a deprivation of his civil rights. That is distinguishable, in my view.
Dan Scott
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AG
DJT despacs at a valuation comparable to Reddit. Only $5M revenue and largest shareholder is looking to dump or collaterize as soon as possible. All that said, the stock can fly next week.
Dan Scott
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AG
Supposed to be smiley face
Reality Check
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And now Democrat pundits are saying he should sell Mar-a-Lago to cover the $455 million fine he received because the judge said Mar-a-Lago was only actually worth $18 to $26.5 million.
Author of the TexAgs Post of The Day - May 31, 2024

How do I get a Longhorn tag?
Rongagin71
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AG
I'm not sure what year the judge was talking about Mar-A-Lago being only worth $18million, but would it have had to be way back and before massive improvements? Or the Judge is a liar.
MarkTwain
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Rongagin71 said:

I'm not sure what year the judge was talking about Mar-A-Lago being only worth $18million, but would it have had to be way back and before massive improvements? Or the Judge is a liar.
Because the figure he came up with is a complete joke


READ THIS

https://ny1.com/nyc/all-boroughs/news/2023/10/09/is-mar-a-lago-worth--1-billion--trump-s-winter-home-valuations-are-at-the-core-of-his-fraud-trial
“Never argue with stupid people, they will drag you down to their level and then beat you with experience" - Mark Twain
Stat Monitor Repairman
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Is the judge's finding of fact with regard to the valuation of Mar-a-lago arbitrary and capricious?
MarkTwain
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Stat Monitor Repairman said:

Is the judge's finding of fact with regard to the valuation of Mar-a-lago arbitrary and capricious?
Neither it's absurd
“Never argue with stupid people, they will drag you down to their level and then beat you with experience" - Mark Twain
 
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