This week the bond was rejected by the court, and New York Attorney General Letitia James is preparing to being seizing Trump assets...
From Newsweek
An insurance company will not be permitted to post a $175 million bond for Donald Trump while he appeals a fraud judgment, a former federal prosecutor has said.
Eric Lisann was reacting to a separate comment by another lawyer, Dave Kingman, who wrote that Knight Specialty Insurance will not be able to post the bond for Trump.
Kingman wrote that, as a result, New York Attorney General Letitia James will be able to begin enforcement proceedings on Donald Trump's properties.
A New York court has rejected Knight Specialty's paperwork and said it wanted to see more information on its financial backing. The company filed new paperwork on April 4.
Writing on X, formerly Twitter, one-time federal prosecutor Lisann wrote that Knight Speciality might not be able to post the bond for Trump and will be liable for the full amount because it had given a guarantee to the court.
"Looks like there is a real possibility that this Don Hankey-owned Knight Specialty Insurance does not itself have liquidity, and did not get from Trump collateral, sufficient to provide legally cognizable assurance that it can pay $175 million on demand in the event of a judgment-affirming appeal," he said.
"Thus NY AG James looks to be soon greenlit to execute on her $450 million judgment against Trump as if Trump posted no bond."
18 comments:
Good. It was mad suspect that a business would be able to post $175m on his behalf. They'd basically own him if that was allowed.
Bwahahahaha 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣💯💯💯💯💯😃
This will be overturned once a current financial statement is included. Just another nothing burger! Check the score Snitch… what you 0 for 64?
Yes, thank you God
HA! Love to see it. Tricky Don couldn't pull the wool this time.
Back in the day they used to just pew pew the ones in the way a'la MLK and JFK Jr. But because of those stupid cameras that are literally EVERYWHERE, now they weaponize the legal system. Follow the money. Google the amount of money that is spent on lobbying. See for yourself who is donating top $ to whom. Trump simply can't be bought and will not allow them to continue to sit high and look low. That makes them very very angry. They have never been told no and their money has ALWAYS bought them everything they have ever wanted. They even bought your hate for this man, you silly rabbits are happier than a pig in sh1t with a free block of cheese and a promise to forgive a student loan you had no plan to pay back to begin with. Selling yourselves cheaper than a $2 hooker for no reason.
@5:29 Just keep following your fake orange 🍊 messiah ,who has broken every commandment known to man kind. I Don’t care what you have to say you’re not changing anyone’s mind about that con artist.
5:29 Did you get lost on your way to your Maga meeting?
@5:29PM Let’s not go there about the “hooker” part especially the way that Orange beeyotch buys 🐱. You played yourself hun.
To: 5:29 PM
Donald Trump is a criminal and he doesn't give 2 effs about any of us! Move along!!!!
@6:21 👏🏽👏🏽👏🏽👏🏽👏🏽 That part right there.
Trump just wants to become president to keep from going to jail.
Good!
Ms. L James if your nasty. Let him have gurl. YYYYyyyyyyeeeeeeeeeaaaaaaaaa
You Trumpians have such wild imaginations. Do yall ever hold that man accountable for ANYTHING???? The election is rigged, the legal system is rigged, his former employees are all liars
Yall need to be studied. This type of denial is almost unprecedented....
Read between the lines of what 5:29pm said. Biden is no inn's friend and the "real him" will come out as soon as he gets a mandate. Trump is Trump, but Biden is also a stomp down suspension white supremacist too.
Letia james should go after John Stewart as well. He sold his apartment for 15 million when it was only worth 900k.
Trump shouldn't be an issue for black people. He represents nothing positive for people of color...
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