BRKG Trump Wins Pause on Bond Payment, Lower Bond Amount

medic38572

TB Fanatic
Former President Donald Trump was successful in his appeal earlier today, pausing the $454 million judgment, and lowering the bond amount in the New York civil fraud case. The pause allows Trump 10 days to post a $175 million bond to prevent asset seizures by New York Attorney General Letitia James, who could have started seizing Trump’s properties starting today while Trump appeals the civil-fraud case.

After the hearing, Trump questioned New York’s valuation on his Mar-a-Lago property, stating on Truth Social:

Judge Engoron and Letitia James should be forced to explain why he ruled that Mar-a-Lago was worth $18,000,000 when, in fact, it is worth from 50 to 100 times that amount. How did the Attorney General of the State of New York force this Corrupt Judge to do that in order to help her narrative — AND WHY?”
Before the hearing, Trump’s son Eric claimed that the fraud case is shattering trust in the U.S. legal system, stating on X, “The entire world is watching this unfold. The notion of seizing properties owned by the Former President of the United States (and the front runner for President in 2024) — properties belonging to a company that has NEVER missed a payment, never been in default, never breached a covenant, built American skylines, has repeatedly made banks hundreds of millions of dollars while employing THOUSANDS of hard working New Yorkers — is shattering the trust of not just of New York (which is fragile at best) but in the entire legal system in the United States.”

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Tristan

Has No Life - Lives on TB
Former President Donald Trump was successful in his appeal earlier today, pausing the $454 million judgment, and lowering the bond amount in the New York civil fraud case. The pause allows Trump 10 days to post a $175 million bond to prevent asset seizures by New York Attorney General Letitia James, who could have started seizing Trump’s properties starting today while Trump appeals the civil-fraud case.

After the hearing, Trump questioned New York’s valuation on his Mar-a-Lago property, stating on Truth Social:


Before the hearing, Trump’s son Eric claimed that the fraud case is shattering trust in the U.S. legal system, stating on X, “The entire world is watching this unfold. The notion of seizing properties owned by the Former President of the United States (and the front runner for President in 2024) — properties belonging to a company that has NEVER missed a payment, never been in default, never breached a covenant, built American skylines, has repeatedly made banks hundreds of millions of dollars while employing THOUSANDS of hard working New Yorkers — is shattering the trust of not just of New York (which is fragile at best) but in the entire legal system in the United States.”

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An evil leader will burn down their own Nation as long as they can rule over the ashes.
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Knoxville's Joker

Has No Life - Lives on TB
I wish his lawyers could find a way to sue New York, and win...
Actually the effects of the antics are going to take a bit to be felt by new york government. ALL property investments are getting offloaded at steep discounts and on the cheap. This will screw up tax assessments as some take advantage of things to lower property valuations. No one wants property in NYC after this as everyone is afraid they might be the next target. As a result, the courts will back off significantly once they are told of the consequences of their over reach. If anything the best bet is to go after the judge retirement accounts and prove that the judges get a cut on all rulings towards their retirement and cause a national backlash on how the courts operate for revenue generation. Truely you would see the true implementation of defunding the police by defunding the judiciary which is what they really needed to do to start with. It is not the cops that need to be defunded but the courts and the lawyers. Make it so legally not the courts, not the lawyers ever make money and you will end up with the states dropping out on all the legal process is the punishment cases.
 
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