New York AG Letitia James has said that she will seek to seize some of Trump’s assets if he’s unable to pay the judgment.

Donald Trump’s lawyers asked a New York appellate court Wednesday to halt collection of the former president’s $454 million civil fraud judgment while he appeals.

Trump’s lawyers said in a court filing that he is prepared to post a $100 million appeal bond rather than a bond covering the full amount, which would have automatically paused enforcement.

They said a provision in Judge Arthur Engoron’s Feb. 16 ruling that bans Trump, his company, and co-defendants from obtaining loans from New York banks for three years would make it impossible for him to obtain a bond covering the full judgment.

  • kescusay@lemmy.world
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    4 months ago

    They said a provision in Judge Arthur Engoron’s Feb. 16 ruling that bans Trump, his company, and co-defendants from obtaining loans from New York banks for three years would make it impossible for him to obtain a bond covering the full judgment.

    So you’re not a fucking billionaire, you demented shitweasel. Got it.

    Can you believe the nerve? “Judge, I know part of the reason I’m in hot water is because I lied through my fucking teeth to banks to get them to give me loans, but now that I can’t get loans anymore, I’m outta money, and that’s totes unfair, so can I pretty please get loans again?”

    How about no, and fuck all the way off?

    • SeaJ@lemm.ee
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      4 months ago

      Yeah, if you have billions in assets, you can liquidate some of them to pay up. The only way you are unable to pay is if your assets are not actually worth enough.

  • Jode@midwest.social
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    4 months ago

    Sure wish if I had a 500 dollar speeding ticket I could just say “nah I’ll give you 60 bucks”

      • Hotzilla@sopuli.xyz
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        4 months ago

        He will flee to Russia instantly when there is a risk of jail or too large fine to cover.

        • kent_eh@lemmy.ca
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          4 months ago

          He will flee to Russia instantly when there is a risk of jail or too large fine to cover.

          That’s an acceptable outcome.

          As long as he stays there.

  • baldingpudenda@lemmy.world
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    4 months ago

    If he can’t loans from “shithole” states like New York, why doesn’t he get loans from red states? Are they poor or something?

    • mercano@lemmy.world
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      4 months ago

      The ruling prohibits him from applying for loans from any institution “chartered or registered with the New York Department of Financial Services.” New York City is a global financial hub, so the registered clause is going to affect many banks that are headquartered outside of New York.

          • Bloodyhog@lemmy.world
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            4 months ago

            I am blessed by not being an American, so no blood boiling due to that. Russian by birth however, so plenty of other reasons to freak out in the fucked modern world…

      • FuglyDuck@lemmy.world
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        4 months ago

        Whose going to loan someone money now?

        If he gets a loan, it’s almost certainly a bribe.

  • xenoc@lemmy.world
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    4 months ago

    Trump acting like he’s making another business deal rather than finally meeting up with external reality.

    • RedditWanderer@lemmy.world
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      4 months ago

      Tbf he’s gotten away with it every single other time lol let’s hope this time it sticks. There are other people invested in Trumps success.

  • Mastengwe@lemm.ee
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    4 months ago

    Feb. 16 ruling that bans Trump, his company, and co-defendants from obtaining loans from New York banks for three years would make it impossible for him to obtain a bond covering the full judgment.

    This is the ABSOLUTE icing on the cake. The beautiful finish to an already amazingly heart-touching fuck around and find out story.

  • TruthAintEasy@kbin.social
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    4 months ago

    Just think, if he had just made another tv show instead of being president he wouldnt be going through all this.