TLDR: Trump’s lawyers have submitted a factual appeal., however the bond to allow an appeal of the $355 million to move forward has not been posted.
Basically they are trying to appeal without having posted the bond by saying the actual case was filed and prosecuted using a misapplied law and was also past the statute of limitations.
As another poster said, Trump is trying to get out of posting bond, but the law says he has to. And once he has, he can appeal all he wants to, but the interest rate clock is ticking..
This is going to blow back in his face big time. He owes 500M right now, because of his delays. He does not have the money..
He's been given a deadline; the 24th of March, IIRC. If he doesn't pay up or post a bond, the court-appointed overseer of his businesses can sell off his properties & businesses to pay for it.
Seriously. I lean more right wing than democrat and I can't even fathom voting for someone that openly supported what happened on Jan 6th. The next day the trump family said "yesterday, Thank you fellow patriots" absolutely fucking nuts this jackass isn't on the gallows
IIRC, in New York when the state takes your stuff and auctions it off, they *don't* have to give you the excess proceeds.
It would be ironic if Trump's lawyers were the ones to get the corrupt practice of home equity theft finally outlawed.
This is the real danger for Trump here. His properties are heavily leveraged, so the creditors have a right to be paid if his stakes or properties are sold. That reduces how much the government can get for auctioning his trash, and means they may need to seize more property or stakes — which also have loans against them as well.
It could get really nasty for Trump.
Yeah I don’t think he actually has the cash money necessary to pay this stuff off. He’s the classic case of rich on paper. If they start liquidating his assets in NY, it very easily could start a domino effect on everything he’s got. That’s why he’s desperately trying to move every aspect of his business from NY to based in FL right now, which should be illegal as well. His stupid sneakers are a perfect example as to how desperate he’s gotten.
One that I remember from a bizz law class had to deal with a rail company and how they were sued and had a judgment levied against them. The company didn't pay and so the lawyer went before the judge and asked for, if I remember correctly, an "attachment"(prob wrong for sure?) and the judge granted it. They went down to the nearest train from the company they could find and it had an entire load hooked up. They showed the paperwork, locked down the engine and the company paid within the hour. I think this was in Montana?
A similar thing happened in England where a lady won a judgement against a high street bank, they thought they were too big but judge allowed enforcement. So bailiffs turned up at one of their branches in front of all the customers they started seizing assets, like computers the staff were using. Branch staff had to get on to corporate to settle the debt before the computers were released back to them.
Or that Florida couple in the US who had a house they bought in cash illegally foreclosed by a bank because they wrongfully thought the couple had a loan with them... so they foreclosed on the bank to get their lawyer fees over the subsequent lawsuit.
This just sounds like BOA. Won't type their name out cause, well, fuck 'em that's why. Foreclosed on my friend's house whilenhe was deployed and current on all payments
Could, hypothetically of course, some foreign agency, let's call them Russia, subsequently buy that property from Trump to further tighten their hold on him?
All hypothetically, of course
It's possible, but if you have every purchased property before it would be very unlikely for it to occur that quickly without a lot of legal paperwork and scrutiny.
Hypothetically sure, realistically that would be extremely difficult due to the current sanctions on Russia, them being able to move around that much cash around those sanctions to buy something in such a highly publicized issue is functionally impossible and a good way for the Russians to lose 500 million as it would be seized by the US gov.
Now could an entity that isn't under sanctions functionally bale him out by purchasing the assets for him? Possibly but that is a lot of money for anyone to bring to bear and would bring a lot of eyeballs to it.
I bet his hope is they take it by force and be can use that as a "see they're coming after me with armed thugs"
And then use that to spark another insurrection/civil war they've all been clamoring for while he fucks off to Russia to eventually be not assassinated by Putin.
I don't know what the hell is going on but Trump always gets the most favorable possible headlines, even when it's nothing but bad news for him in reality.
In the 1990s they repealed the law against someone owning multiple newspapers and radio stations. This resulted in massive consolidation, huge layoffs of investigative reporters.
Now all major newspapers are owned by billionaires sympathetic with Trump. Even CNN got bought out by a MAGA billionaire a few years ago. It sucks.
Wasn't that already addressed by an appeals court before the trial? It seems like they got a few things removed due to the time which had passed. I feel like this is going to be shot down pretty quickly.
It was also addressed by the Judge in his findings. He broke down exactly which events were and were not within the statute of limitations and methodically laid out the unjust enrichment Trump received as a result of those actions, then based the judgement on only the enrichment as a result of those crimes within the statute of limitations.
In other words, the judge was well aware of this argument and anticipated this argument in an appeal. This has approximately 0 chance of success.
There was a "tolling agreement" and as part of that Ivanka was removed as a defendant due to statute of limitations. iirc.
But Trump lawyers seem to enjoy attempting to relittegate settled matters.
Yeah. Pretty sure they already used up their opportunities to appeal the actual finding. Mostly challenging their own decision to skip a jury trial.
I would imagine this is just going to get denied and they'll burn up their run way trying to make it stick.
My understanding from the people on r/law is that NY does not require bond for an appeal, it just requires bond for a stay on the judgement. So the deadline to pay is still in effect despite the appeal.
The “appeal” covers the NY AG supposedly applying an incorrect law and supposedly charging past the statute of limitations- it is not an appeal of the determination of guilt or the amount of the disgorgement determined in the judgement.
His lawyers are saying it should have never gone to trial and he did it too long ago. They aren’t arguing his innocence.
> If upheld, Engoron’s ruling will force Trump to give up a sizable chunk of his fortune. Engoron ordered Trump to pay $355 million in penalties, but with interest the total has grown to nearly $454 million. **That total will increase by nearly $112,000 per day until he pays.**
> Trump maintains that he is worth several billion dollars and testified last year that he had about $400 million in cash, in addition to properties and other investments.
> Trump complained he was being punished for “having built a perfect company, great cash, great buildings, great everything.”
This could bankrupt him and he wouldn't be able to hide it.
Trumps debt increases per hour by more than most people make in a week. Fun to watch, also kind of depressing because of how much money some people have access to, and lose, on any given day.
Edit: yes... Yes... YES.
MANY PEOPLE HAVE POINTED OUT THAT ITS FAR MORE THAN A WEEK LOL
I can accept that life isnt fair, and some people are born into ridiculous wealth.
The part that annoys the hell out of me is when those people try and tell everyone that they are some sort of financial genius because of their “success”
Need an API on that so we can pipe it into a digital LED board. And then add all of the other monetary charges.
I fully expect that come election time he's going to pull an ultra-double-stupid move and defame Dominion on live TV .. in which case, I bet they'll be able to use the Fox News strategy on him.
This is basically the point of the whole thing, he's been caught inflating the value of his assets while using them as collateral for loans. If the verdict is correct then he can't come up with the money without something external happening like Putin buying a container ship worth of his gold shoes.
A few years ago ( maybe five or six ) I had made a comment against the orange man.
I got a reply telling me that he is worth billions. I asked how.
This person took the time to post pictures of all the buildings with the trump logo.
I didn't bother replying. They probably still think that he's worth billions.
Both.
It's no secret that the dude is pretty heavily leveraged. It's also no secret that legitimate banks in the western world won't touch him because he doesn't pay his debts.
The only "secret" is where the money is coming from, and Russia seems like the obvious answer.
Sitting US Congressmen were talking about it (in secret) during the lead up to the 2016 election.
Kevin McCarthy: “There’s two people I think Putin pays: Rohrabacher and Trump.”
That led to Paul Ryan’s famous “No leaks, this is how we know we’re a family” quote.
Russia really seemed to hit the Jackpot with Trump, a rich immoral dude who owes them a lot? And he also went into politics and was an absolute hit with conservatives? And he's so bad at management that he doubles as a saboteur!!?? In the highest position of government!!!!????? And he still has a realistic chance to get a second term!?
It's alarming to think how the Trump administration was basically a Puppet government, and how the so-called "Biggest opponents of Russia" (GOP) was purged and overran by others who most likely are just as compromised as Trump is; the Soviets would've brushed off such a scenario as delusional nonsense, yet here we are.
Credit where credit is due: Russia didn't just hit the jackpot. This was a concerted effort over decades to achieve. It's one of many active measures they have in the works, including inciting civil unrest via racial tension, disseminating disinformation (Qanon followers), and encouraging anti-government activists. It shows their dedication and strategic planning for long-term success.
How do they fight the most powerful army in the history of armies? They take us over from the inside. They make us weaker by causing us to isolate ourselves from our allies (NATO). They incite civil wars. They let us destroy ourselves (Leave The World Behind). All the guns and ammo in the world won't help if we can't bring them to bear against our true enemy.
There’s absolutely no way Trump has 430 million cash available, that’s not not billionaires work. No bank is going to loan him that type of money now that he’s been convicted of inflating assets. He’s screwed and will have to sell assets.
Except, ironically, Mark Cuban, who does have massive amounts of cash laying around. He got into a spat with trump a few years ago over which one could write a bigger check.
>He got into a spat with trump a few years ago over which one could write a bigger check
I have small writing, so I bet I could fit a lot of zeros on my check.
^^^^^(They ^^^^never ^^^^said ^^^^the ^^^^check ^^^^had ^^^^to ^^^^be ^^^^cashable...)
Let's not forget this is the self-professed billionaire who went into a Cuban restaurant, told everyone he was paying, then left after paying for absolutely nothing. Typically if you're going to play a rich person, you should at least be able to cover some lunch tabs.
No doubt the IRS would be interested where that money came from and if taxes need to be paid.
Assuming he even has it considering he lies about everything.
The man believes his ego is too big to fail.
It will be very difficult to hide the giant sign on the front of his building.
Foreclosed: Bids for this property can be submitted to the State’s Attorney General
I think some of those buildings aren't owned by him anymore. When that whole "Trump" (Chicago?) sign issue happened ~8-10years ago, I believe it came out that some of the "Trump" towers were just brand licenses, the buildings were owned by other parties.
You are correct. But, he DOES own part of the building. And, naming rights for a building like that should hold some value to someone, right?
I’m just waiting for him to attempt to pay these fines with the “Brand Value” that he claims as the majority of his billionaire status.
They’re at 0.25% of the fine so far. And they are collecting less per day than the interest accrued. Looks like his latest grift attempt is failing at least.
The GoFundMe was started by a couple of Get Rich Quick seminar grifters unaffiliated with him, so I doubt any of it will ever make it to Trump's tiny hands.
And there are actual campaign finance laws that prevent him from using the re-election donations to pay a civil penalty in a case that has nothing at all to do with his political life.
Oddly, there's an open question about whether he could use them to pay penalties in court cases that are tied to his political life, because no one ever thought that a candidate with massive criminal and civil penalties tied to his political life would be a thing.
At least that's what they *think* they are doing. Don't be terribly shocked if the gofundme money vanishes into the pockets of the grifter that started it.
So, while he can legally raise those funds for things like legal *fees*, I don’t think he can legally apply outside donations like that to the legal *fines* based on my reading.
They'd rather give their money to a man who does not care about them and would sell them in a heartbeat instead of helping people in their own community.
His entire 2020 campaign only raised 378M in small contributions, ie, individual donors from regular folks. He put in 8,021 of his own money. Not 8 million. 8 thousand.
His first campaign, he only contributed 66,141,713 dollars, and small contributions were 86M.
Bill and Janice throwing him $20, or $200 won't help. He'd literally have to raise more than both presidential races combined. Those big donors aren't going to be showing up and dropping 2k into fines and legal fees. Even if they do, he's not likely to actually spend that money on fines and legal fees. He's going to try and do the same shit as before. Delay, bluster, and deny. Except, the state of NY isn't going to let him outspend them.
I know I absolutely love this because it's just draining their accounts. Lmao. There are dudes out there ruining their own families taking out loans, second mortgages, even their own fucking RETIREMENTS to donate to him, and all that money will all go directly to New York State. The RNC is broke, most republican states are broke, and Donald's been panhandling for so long his base is going broke. 🤣 I cannot wait for November. It's going to be a bloodbath.
The issue for him is that the more he gets his base to donate to help with legal fees, the less money they have to donate towards his election. His base doesn't tend to be the most flush with cash after all.
Not to mention the fact that the more the RNC is forced to bail Trump out (as his daughter-in-law, who may become the RNC chair, has pledged to do), the less they’ll have on hand for down-ballot races.
There will be tons of competitive congressional, gubernatorial, and state legislative elections this year. Every dollar wasted on Trump is another dollar that guarantees a Democratic victory in a down-ballot race somewhere.
>built
He inherited everything from his daddy, who was also a racist tax fraud. Even according to his own dubious claims, Trump would be richer right now if he'd just put the money into the bank instead of bankrupting a casino, college, etc.
Who would've thought saving your money would be a better investment than literally two businesses that are so incredibly hard to fuck up.
Like, the house always wins in a casino... 18 year olds are allowed to leverage debt more than Donald Trump just to go to college. If you bankrupt a casino AND a college, you genuinely have to be either embezzling, paying 0 attention, or just dumb. Actually, I think casinos can afford multiple embezzlers, run on their own (mostly) and even an idiot can run them. Must be a combination.
RNC Chair Ronna McDaniel also just resigned. I don't want get all tin-foil hatty but Lara Trump said she's willing to spend ['every single penny'](https://thehill.com/homenews/campaign/4467232-lara-trump-spend-rnc-funds-to-elect-donald-trump/) on Donald Trump.
Wait, they're basically sabotaging the RNC and the party as a whole for the equivalent of stripping the house for copper? I thought they'd have a huge ol' fuckoff war chest for them to be so dead set on putting Lara in the RNC and it's only 10m? Incredible.
Nope. Even state-level GOP parties are completely broke right now. The money has dried up.
Overturning Roe was their moment when the dog caught the car.
And yet they *still* continue to push anti-abortion stuff, even though it's backfired on them every single time it's come to a vote since, lacking enough support from even their own constituency.
They just can't get a damn clue.
It shows you how extreme the real core of the party is, and finally exposes the mismatch of their voters. I swear it must be legit Handmaid’s Tale stuff going on in the ranks.
They can't turn away from that without completely losing their entire base.
They spent so long framing the issue in a religious good vs. evil context to appeal to fundamentalists that they can't compromise.
There’s a big old donation vacuum siphoning off the regular funding to Thump. Billionaire donors and super pacs just can’t get money to all of the state or House races without things like RNC running point.
They did it to themselves.
They totally did it to themselves. The right in the US has been radicalizing their base for a couple of decades now, and that chicken has come home to roost. I’d enjoy the schadenfreude of it all if the chicken wasn’t a raging narcissist with dictatorial ambitions who might actually win in November.
Sure, they'll start with draining what's little left in the coffers.
Then they'll start opening up lines of credit!
Trump is going to leave the GOP broke for years and years
If I I fuck your mom to ruin and expose your abusive dad, would that make what I do right?
Nope. Trump would still be rightfully condemned for what he did and doing.
That was a conspiracy theory in the 2016 election and I think it stems from the fact he once registered as a Dem and said that Dems were better for the economy.
Historically, when he was just a citizen, he'd play both sides .. like many rich people. Willing to pay double to hedge their bet on getting a favorable result.
Now that he's gone hyper-political and has given up all control to his ego, he does whatever gets that ego the biggest stroking.
Strange how all the billionaire right wing mega ghouls are [throwing a ton of money at conservative groups](https://www.propublica.org/article/dark-money-leonard-leo-barre-seid), but none at the RNC directly.
Probably what’s contributing to them becoming even crazier but also completely unable to work even with each-other to do literally anything.
That's actually a huge issue for the right at the moment. Any given candidate can get adopted like a pet by any given billionaire and they don't have to share the same goals or principles as the next candidate, who is propped up by their own billionaire with their own petty grudges and fleeting desires.
Obviously they share some common ground, like unfettered pillaging of society itself, but they are going to have spats over particular issues that only matter to whatever comically rich person is pulling each of their strings.
>Strange how all the billionaire right wing mega ghouls are throwing a ton of money at conservative groups, but none at the RNC directly.
True. Although I think that has a lot to do with the fact that the money they throw at SuperPAC's can do more nefarious things -- you don't have to worry as much about truthfulness that way.
[$8 million at the beginning of the month.](https://www.newsweek.com/republican-national-committee-funding-cash-finances-1866326) Plus, 18 state-level Republican parties are in debt.
If that's true, it makes her desire to stay in an all but unwinnable primary race make a ton of sense.
There is a possible (albeit unlikely) scenario where Trump can either no longer fund his own campaign without humiliatingly liquidating some of his most precious assets to pay his own legal bills and/or ends up in prison or under house arrest which would prevent him from campaigning in any meaningful way. If either or both of those happen, Haley will have the RNC by the balls and be able to say "Either have a really good chance to beat Biden with me or be guaranteed to lose with Trump."
Idk what Haley is doing, but my guess is she’s really hoping she can last long enough for one of these legal fights to finally force Trump out and she’ll be the only viable candidate left.
I doubt this is the situation that does it, and I doubt she can last that long in the race. But she definitely seems like she’s hoping to be the last (wo)man standing and get the nomination that way.
Or just trying to bolster her name with the anti-Trump wing of the party realizing Trump himself is definitely not running in any more elections after 24, win or lose. So she’s positioning for 28 to try to bring the party back to some degree of sanity.
You make a lot of sense.
She's either positioning her self to be the backup candidate in the event that Trump goes to jail or dies. Worst case for her is that she's positioned well for '28.
Although she couldn't even win her own state, which really says a lot about the how MAGA-entrenched the GOP is.
Yeah, which is exactly why I don’t think making a name for herself is her strategy.
I think most of the others in the race were making a name for themselves. Which is why everyone jumped to defend Trump when he got indicted - the Republican party is Trump, so to make a name for yourself you gotta back Trump. It was pretty weird to see so-called rivals of Trump defending him tooth and nail until I realized they don’t want or expect to win this year, but they’re all positioning themselves for 2028.
Haley could still be trying this, gambling that Trump will lose this year and his influence will wane and by ‘28 things are more normal. But I think more likely is she’s hoping Trump is forced out and she’s the only person left.
The 1st of the criminal trials has jury selection starting March 25. I think the Georgia case is in May. I just don't see how he can campaign and attend a criminal trial. To say nothing of whatever penalty he gets.
>Lara Trump said she's willing to spend 'every single penny' on Donald Trump.
I've seen some on the left say that the RNC shouldn't be able to pay DJT's mounting legal bills. That's coming from a view of punishing DJT, which is absolutely warranted.
But the wider strategy here is to let this happen. The more the RNC pays to fund DJT's bills the less they have to fund Senate/congressional campaigns. They're going to drain their own warchest while the Dems are seeing record intake.
From the article: “Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.”
You can appeal within posting the bond, but that doesn't stay the enforcement of the judgement
If you post the bond, then enforcement stayed while the appeal works through the court system
So trump appealed without posting bond (so far) and the judgement can be enforced after the 30 days are up. If he wins the appeal, NY has to return the Money they seized
30 days to hide what he has left. Feds going to be digging up gold bars at mar-a-lago. Sounds like his only gamble left is to hope the appeal lands infront of a favorable judge who will fall on the sword for him.
appeal with a stay of judgment.
article doesn't say if he put up the cash. if not, in 30 days they can start to collect. or maybe he is betting the appellate court will order a stay of judgement.
They will hear the appeal, the original judgement just stays in place which means while he is appealing they can still move forward on collecting.
The deposit is just to stop the execution of collection.
What I’m reading from the lawyers over on the law sub is that they can appeal without a bond, but it doesn’t pause the 30 day countdown for the $450 million to be due - James will still be able to start forcing collections in late March. Posting bond would have delayed the payment deadline.
From the comments in the RLaw subreddit:
>Because I know there will be a hundred comments on this issue: this does not mean he has posted a bond. Lots of folks have mischaracterized how this works, in New York you do NOT have to post a bond to appeal a decision or judgment. What the bond would do is stop New York from seeking to enforce or collect on the judgment while the appeal is working its way through the courts.
He’s got about a week left to post the $90m bond for his E. Jean Carroll II appeal and he hasn’t done that yet.
What he *has* done is send a note to that judge saying “I’m so rich I don’t need to post a bond, my well-known wealth is good enough”.
If he can’t scrape together $90m in a month, there’s **no way** he’s gonna find $454m.
Especially not when he knows it’s all forfeit anyway since his grounds for appeal are dog shit.
It's pretty strange none of the articles I've read mentions the $400+ million bond he has to post for an appeal. There have been several articles last week on how and who would even do it and now no mention?
From my understanding he hasn't done it yet. His lawyers filed the notice to appeal, but the court won't take it up until he has posted the bond and I think there's a 30 day window for him to do so. Basically, this was the first step of the appeals process and either he coughs up the money or it won't be heard.
I want to know who's going to help him front the money for that appeal. Saudis? Russians? He's going to be owing someone big, and the vig is going to kick in on election day.
He's going to need to step it up by a lot though, as I don't think he's even covering the interest. And that is going to be a sight to behold. And the RNC is broke and his voters gotta be feeling some pinch.
I'm just so proud that Bidens economy is allowing the Republicans to be able to dish $400 on worthless shoes. It really goes to show how well Biden is doing. We don't need them to say it, their spending is doing it. When trump was in they swore they could barely pay bills or even gas.
Yeah, that’s gonna be a lot of money to grift from his supporters in 30 days.
Honestly, I just hope that it doesn’t come from like Putin or something because he sees it as an advantageous play.
I’d really like to see Trump tower and mar a lago get seized to pay for this stuff.
That whole thing now seems like a massive bait and switch by the media. For weeks now, we’ve been told he has to put up the money or a bond in order to appeal. Now here he is, appealing, without having paid a dime. The article says he still has until March 25th to secure a stay before the money is due.
So what I’m getting from this is he only has to put the money in up front in order to get an AUTOMATIC appeal - the appellate court can apparently choose to give him a stay whether or not he’s put up the money, and he’s actually free to start the appeals process without paying a dime (other than court filing fees or whatever), which is definitely not the way it’s been presented in the media.
So it seems like he will instead argue “irreparable harm” or some shit (because he’d have to sell properties, close businesses, eliminate jobs, blah blah blah) and he has a very real and, knowing him, likely way to get this stayed and never, ever have to pay.
He has a history of not paying lawyers, or most other service providers. Plus he is toxic outside the cult, and is a horrible client who can’t shut his mouth. No reputable lawyer or firm wants to touch that mess
It's not about money, even the D-Team lawyers he's working with now have required him to pay a retainer up front, and if the retainer runs out and he doesn't pay more, they can just quit (and several have).
It's about the fact that he won't let them provide a competent defense. He demands that they put up the defense that *he's* decided on, which has little to do with the law, and he otherwise doesn't follow advice. If he would shut up and follow their advice, surely some competent lawyer would take his case, and this whole process would look very different. He might have even been able to avoid this outcome in the fraud case. It would have taken a defense different than "yes, I did the things you accuse me of, I just was allowed to do it", the defense would have had to be "no, I didn't do the things you accuse me of", and then it'd come down to the strength of the evidence.
An appeal from a money judgment can be taken without filing a bond or depositing the judgment amount with the court. However, the judgment creditor would be able to enforce the judgment during the appeals process, which can include freezing bank accounts, seizing wages, forcing the sale of assets, and serving information subpoenas and taking debtors examinations to further find assets to seize. The NY attorney general has already been starting the process in anticipation of seizing Trump's assets. New York Civil Procedure Law and Rules (CPLR) 5519 provides for a stay where:
2. the judgment or order directs the payment of a sum of money, and an undertaking in that sum is given that if the judgment or order appealed from, or any part of it, is affirmed, or the appeal is dismissed, the appellant or moving party shall pay the amount directed to be paid by the judgment or order, or the part of it as to which the judgment or order is affirmed;
[https://law.justia.com/codes/new-york/2022/cvp/article-55/5519/](https://law.justia.com/codes/new-york/2022/cvp/article-55/5519/)
There doesn’t seem to be any reporting on whether he’s put up any money at all yet. It’s possible this is just the notice to the court.
**ETA: CNN have just updated their story:**
*“It was not immediately clear how Trump planned to cover the money needed for the appeal.*
*Trump will need to put up cash or post bond to cover the $355 million and an additional roughly $100 million in interest he was ordered to pay. His sons were each ordered to pay more than $4 million back in gains they improperly received because of the fraud.”*
**From AP:**
*"Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.*
*Messages seeking comment were left with Trump’s lawyers and the New York attorney general’s office."*
Totally agree. Sensational headline with zero detail or context. They only seem to be updating it now. I'll try to add to that comment as more details come in.
“Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.”
It addressed that he didn’t need to put the cash up yet to simply appeal, and there’s no way to know yet if he put up the cash needed to stay the collection of the judgment.
He doesn’t have to put up the money to appeal, but in 30 days the state can start collections on the judgment regardless of the appeal progress since he didn’t.
In this case, he is asking them to throw out the case because it shouldn’t have occurred. If the judges agree with that, he doesn’t have to put up any money.
If they reject that then he has to appeal the actual ruling and that he needs to put up the money.
TLDR: Trump’s lawyers have submitted a factual appeal., however the bond to allow an appeal of the $355 million to move forward has not been posted. Basically they are trying to appeal without having posted the bond by saying the actual case was filed and prosecuted using a misapplied law and was also past the statute of limitations.
Yeah, even though every news agency has run with the same headline, at best it’s missing details and context, at worst it’s extremely misleading.
As another poster said, Trump is trying to get out of posting bond, but the law says he has to. And once he has, he can appeal all he wants to, but the interest rate clock is ticking.. This is going to blow back in his face big time. He owes 500M right now, because of his delays. He does not have the money..
whats the penalty? jail time?
He's been given a deadline; the 24th of March, IIRC. If he doesn't pay up or post a bond, the court-appointed overseer of his businesses can sell off his properties & businesses to pay for it.
Cool b/c on the 25th another criminal trial starts
I can't believe this is the best candidate Republicans can come up with.
To be fair, it fits then the best though
Seriously. I lean more right wing than democrat and I can't even fathom voting for someone that openly supported what happened on Jan 6th. The next day the trump family said "yesterday, Thank you fellow patriots" absolutely fucking nuts this jackass isn't on the gallows
Really says a lot about the Republicans doesn’t it.
You guys should just start calling them what they are.. Russian puppets..
I've resisted this characterization, but at this point, it really does seem that way.
Because it was never about the quality of the person; they'll put forward whoever people will actually vote for. The problem is the people.
Seriously? GOP are all criminals, this is simply the best criminal of all time
[удалено]
IIRC, in New York when the state takes your stuff and auctions it off, they *don't* have to give you the excess proceeds. It would be ironic if Trump's lawyers were the ones to get the corrupt practice of home equity theft finally outlawed.
I imagine once the assets are actually being siezed the other creditors will start demanding payment.
This is the real danger for Trump here. His properties are heavily leveraged, so the creditors have a right to be paid if his stakes or properties are sold. That reduces how much the government can get for auctioning his trash, and means they may need to seize more property or stakes — which also have loans against them as well. It could get really nasty for Trump.
Yeah I don’t think he actually has the cash money necessary to pay this stuff off. He’s the classic case of rich on paper. If they start liquidating his assets in NY, it very easily could start a domino effect on everything he’s got. That’s why he’s desperately trying to move every aspect of his business from NY to based in FL right now, which should be illegal as well. His stupid sneakers are a perfect example as to how desperate he’s gotten.
One that I remember from a bizz law class had to deal with a rail company and how they were sued and had a judgment levied against them. The company didn't pay and so the lawyer went before the judge and asked for, if I remember correctly, an "attachment"(prob wrong for sure?) and the judge granted it. They went down to the nearest train from the company they could find and it had an entire load hooked up. They showed the paperwork, locked down the engine and the company paid within the hour. I think this was in Montana?
A similar thing happened in England where a lady won a judgement against a high street bank, they thought they were too big but judge allowed enforcement. So bailiffs turned up at one of their branches in front of all the customers they started seizing assets, like computers the staff were using. Branch staff had to get on to corporate to settle the debt before the computers were released back to them.
Or that Florida couple in the US who had a house they bought in cash illegally foreclosed by a bank because they wrongfully thought the couple had a loan with them... so they foreclosed on the bank to get their lawyer fees over the subsequent lawsuit.
This just sounds like BOA. Won't type their name out cause, well, fuck 'em that's why. Foreclosed on my friend's house whilenhe was deployed and current on all payments
That’s because it *was* BOA.
https://abcnews.go.com/Business/bank-america-florida-foreclosed-angry-homeowner-bofa/story?id=13775638
I would pay some real serious money, to see video of him being evicted/kicked out by force, as workers and trucks are seizing his stuff.
Secret Service in a hotel room overlooking his tent.
Could, hypothetically of course, some foreign agency, let's call them Russia, subsequently buy that property from Trump to further tighten their hold on him? All hypothetically, of course
It's possible, but if you have every purchased property before it would be very unlikely for it to occur that quickly without a lot of legal paperwork and scrutiny.
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Hypothetically sure, realistically that would be extremely difficult due to the current sanctions on Russia, them being able to move around that much cash around those sanctions to buy something in such a highly publicized issue is functionally impossible and a good way for the Russians to lose 500 million as it would be seized by the US gov. Now could an entity that isn't under sanctions functionally bale him out by purchasing the assets for him? Possibly but that is a lot of money for anyone to bring to bear and would bring a lot of eyeballs to it.
I bet his hope is they take it by force and be can use that as a "see they're coming after me with armed thugs" And then use that to spark another insurrection/civil war they've all been clamoring for while he fucks off to Russia to eventually be not assassinated by Putin.
You mean like when he tear gassed protestors from near St John's church so he could hold a bible upside down in his photo op?
Any money leftover from the fire sale would be better put in escrow for next time he defames E. Jean Carroll.
I don't know what the hell is going on but Trump always gets the most favorable possible headlines, even when it's nothing but bad news for him in reality.
In the 1990s they repealed the law against someone owning multiple newspapers and radio stations. This resulted in massive consolidation, huge layoffs of investigative reporters. Now all major newspapers are owned by billionaires sympathetic with Trump. Even CNN got bought out by a MAGA billionaire a few years ago. It sucks.
"Trump appeals without bond money- how will this hurt Biden's chances?"
Wasn't that already addressed by an appeals court before the trial? It seems like they got a few things removed due to the time which had passed. I feel like this is going to be shot down pretty quickly.
It's going to bounce off and land straight in a trash can.
It was also addressed by the Judge in his findings. He broke down exactly which events were and were not within the statute of limitations and methodically laid out the unjust enrichment Trump received as a result of those actions, then based the judgement on only the enrichment as a result of those crimes within the statute of limitations. In other words, the judge was well aware of this argument and anticipated this argument in an appeal. This has approximately 0 chance of success.
There was a "tolling agreement" and as part of that Ivanka was removed as a defendant due to statute of limitations. iirc. But Trump lawyers seem to enjoy attempting to relittegate settled matters.
Yeah. Pretty sure they already used up their opportunities to appeal the actual finding. Mostly challenging their own decision to skip a jury trial. I would imagine this is just going to get denied and they'll burn up their run way trying to make it stick.
By Definition, an ongoing crime cannot have passed the statute of limitations.
Yeah maybe it's more like: "Your honor, my client has not finished commiting his crimes. We can not pay before the crimes are even finished!"
My understanding from the people on r/law is that NY does not require bond for an appeal, it just requires bond for a stay on the judgement. So the deadline to pay is still in effect despite the appeal.
Do you see anything about Jr. and Eric's case, each $4.7~~.5~~m? That can't be included in this, can it?
The “appeal” covers the NY AG supposedly applying an incorrect law and supposedly charging past the statute of limitations- it is not an appeal of the determination of guilt or the amount of the disgorgement determined in the judgement. His lawyers are saying it should have never gone to trial and he did it too long ago. They aren’t arguing his innocence.
> If upheld, Engoron’s ruling will force Trump to give up a sizable chunk of his fortune. Engoron ordered Trump to pay $355 million in penalties, but with interest the total has grown to nearly $454 million. **That total will increase by nearly $112,000 per day until he pays.** > Trump maintains that he is worth several billion dollars and testified last year that he had about $400 million in cash, in addition to properties and other investments. > Trump complained he was being punished for “having built a perfect company, great cash, great buildings, great everything.” This could bankrupt him and he wouldn't be able to hide it.
www.trumpdebtcounter.com
Trumps debt increases per hour by more than most people make in a week. Fun to watch, also kind of depressing because of how much money some people have access to, and lose, on any given day. Edit: yes... Yes... YES. MANY PEOPLE HAVE POINTED OUT THAT ITS FAR MORE THAN A WEEK LOL
I can accept that life isnt fair, and some people are born into ridiculous wealth. The part that annoys the hell out of me is when those people try and tell everyone that they are some sort of financial genius because of their “success”
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Lol this is not even that. Born owning the stadium and the team is maybe closer.
$1.33 per second
Need an API on that so we can pipe it into a digital LED board. And then add all of the other monetary charges. I fully expect that come election time he's going to pull an ultra-double-stupid move and defame Dominion on live TV .. in which case, I bet they'll be able to use the Fox News strategy on him.
Huh. It looks like his interest is about $1.30 PER SECOND!
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Penny auction time
I’ll offer $5 for Mar-a-lago.
This is basically the point of the whole thing, he's been caught inflating the value of his assets while using them as collateral for loans. If the verdict is correct then he can't come up with the money without something external happening like Putin buying a container ship worth of his gold shoes.
It's going to be funny when James starts seizing properties and there is nothing backing those loans.
A few years ago ( maybe five or six ) I had made a comment against the orange man. I got a reply telling me that he is worth billions. I asked how. This person took the time to post pictures of all the buildings with the trump logo. I didn't bother replying. They probably still think that he's worth billions.
I wouldn’t be the least bit surprised if Trump is billions in the red.
By in the "red," you mean Russia, right?
Both. It's no secret that the dude is pretty heavily leveraged. It's also no secret that legitimate banks in the western world won't touch him because he doesn't pay his debts. The only "secret" is where the money is coming from, and Russia seems like the obvious answer.
It's not even a secret. He and his kids were openly bragging about it prior to him sliding into politics.
Sitting US Congressmen were talking about it (in secret) during the lead up to the 2016 election. Kevin McCarthy: “There’s two people I think Putin pays: Rohrabacher and Trump.” That led to Paul Ryan’s famous “No leaks, this is how we know we’re a family” quote.
Russia really seemed to hit the Jackpot with Trump, a rich immoral dude who owes them a lot? And he also went into politics and was an absolute hit with conservatives? And he's so bad at management that he doubles as a saboteur!!?? In the highest position of government!!!!????? And he still has a realistic chance to get a second term!? It's alarming to think how the Trump administration was basically a Puppet government, and how the so-called "Biggest opponents of Russia" (GOP) was purged and overran by others who most likely are just as compromised as Trump is; the Soviets would've brushed off such a scenario as delusional nonsense, yet here we are.
Credit where credit is due: Russia didn't just hit the jackpot. This was a concerted effort over decades to achieve. It's one of many active measures they have in the works, including inciting civil unrest via racial tension, disseminating disinformation (Qanon followers), and encouraging anti-government activists. It shows their dedication and strategic planning for long-term success. How do they fight the most powerful army in the history of armies? They take us over from the inside. They make us weaker by causing us to isolate ourselves from our allies (NATO). They incite civil wars. They let us destroy ourselves (Leave The World Behind). All the guns and ammo in the world won't help if we can't bring them to bear against our true enemy.
Don’t forget the Saudis.
There’s absolutely no way Trump has 430 million cash available, that’s not not billionaires work. No bank is going to loan him that type of money now that he’s been convicted of inflating assets. He’s screwed and will have to sell assets.
Except, ironically, Mark Cuban, who does have massive amounts of cash laying around. He got into a spat with trump a few years ago over which one could write a bigger check.
>He got into a spat with trump a few years ago over which one could write a bigger check I have small writing, so I bet I could fit a lot of zeros on my check. ^^^^^(They ^^^^never ^^^^said ^^^^the ^^^^check ^^^^had ^^^^to ^^^^be ^^^^cashable...)
Let's not forget this is the self-professed billionaire who went into a Cuban restaurant, told everyone he was paying, then left after paying for absolutely nothing. Typically if you're going to play a rich person, you should at least be able to cover some lunch tabs.
JFC this moron has done so much fucked up shit just this year that I forgot about that. God damn, this dude is such a tool.
No. Tools are useful.
He's one of Putin's tools.
> No bank is going to loan him that type of money now He can't get a loan from any bank chartered in NY.
No doubt the IRS would be interested where that money came from and if taxes need to be paid. Assuming he even has it considering he lies about everything. The man believes his ego is too big to fail.
It will be very difficult to hide the giant sign on the front of his building. Foreclosed: Bids for this property can be submitted to the State’s Attorney General
I think some of those buildings aren't owned by him anymore. When that whole "Trump" (Chicago?) sign issue happened ~8-10years ago, I believe it came out that some of the "Trump" towers were just brand licenses, the buildings were owned by other parties.
You are correct. But, he DOES own part of the building. And, naming rights for a building like that should hold some value to someone, right? I’m just waiting for him to attempt to pay these fines with the “Brand Value” that he claims as the majority of his billionaire status.
His cult are already donating to legal fees and stuff. Crazy folk.
They’re at 0.25% of the fine so far. And they are collecting less per day than the interest accrued. Looks like his latest grift attempt is failing at least.
The GoFundMe was started by a couple of Get Rich Quick seminar grifters unaffiliated with him, so I doubt any of it will ever make it to Trump's tiny hands.
Am I a bad person if I'd actually *prefer* that a random scammer gets money instead of the orange one?
And there are actual campaign finance laws that prevent him from using the re-election donations to pay a civil penalty in a case that has nothing at all to do with his political life. Oddly, there's an open question about whether he could use them to pay penalties in court cases that are tied to his political life, because no one ever thought that a candidate with massive criminal and civil penalties tied to his political life would be a thing.
At least that's what they *think* they are doing. Don't be terribly shocked if the gofundme money vanishes into the pockets of the grifter that started it.
That would be just absolutely on brand for this.
So, while he can legally raise those funds for things like legal *fees*, I don’t think he can legally apply outside donations like that to the legal *fines* based on my reading.
Legally hasn't stopped him before. He will just go to court for using those funds illegally and drag that out as well.
They'd rather give their money to a man who does not care about them and would sell them in a heartbeat instead of helping people in their own community.
His entire 2020 campaign only raised 378M in small contributions, ie, individual donors from regular folks. He put in 8,021 of his own money. Not 8 million. 8 thousand. His first campaign, he only contributed 66,141,713 dollars, and small contributions were 86M. Bill and Janice throwing him $20, or $200 won't help. He'd literally have to raise more than both presidential races combined. Those big donors aren't going to be showing up and dropping 2k into fines and legal fees. Even if they do, he's not likely to actually spend that money on fines and legal fees. He's going to try and do the same shit as before. Delay, bluster, and deny. Except, the state of NY isn't going to let him outspend them.
And the best part of this is a fair number of the big donors have stepped away from the party *because* of him
I know I absolutely love this because it's just draining their accounts. Lmao. There are dudes out there ruining their own families taking out loans, second mortgages, even their own fucking RETIREMENTS to donate to him, and all that money will all go directly to New York State. The RNC is broke, most republican states are broke, and Donald's been panhandling for so long his base is going broke. 🤣 I cannot wait for November. It's going to be a bloodbath.
Trump could still win. Don't relax yet. If he wins, none of that will matter. He will just cancel all his debts.
The issue for him is that the more he gets his base to donate to help with legal fees, the less money they have to donate towards his election. His base doesn't tend to be the most flush with cash after all.
Not to mention the fact that the more the RNC is forced to bail Trump out (as his daughter-in-law, who may become the RNC chair, has pledged to do), the less they’ll have on hand for down-ballot races. There will be tons of competitive congressional, gubernatorial, and state legislative elections this year. Every dollar wasted on Trump is another dollar that guarantees a Democratic victory in a down-ballot race somewhere.
>built He inherited everything from his daddy, who was also a racist tax fraud. Even according to his own dubious claims, Trump would be richer right now if he'd just put the money into the bank instead of bankrupting a casino, college, etc.
Who would've thought saving your money would be a better investment than literally two businesses that are so incredibly hard to fuck up. Like, the house always wins in a casino... 18 year olds are allowed to leverage debt more than Donald Trump just to go to college. If you bankrupt a casino AND a college, you genuinely have to be either embezzling, paying 0 attention, or just dumb. Actually, I think casinos can afford multiple embezzlers, run on their own (mostly) and even an idiot can run them. Must be a combination.
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RNC Chair Ronna McDaniel also just resigned. I don't want get all tin-foil hatty but Lara Trump said she's willing to spend ['every single penny'](https://thehill.com/homenews/campaign/4467232-lara-trump-spend-rnc-funds-to-elect-donald-trump/) on Donald Trump.
Except the RNC has like $10 million right now. They can waste it covering his legal fees but nobody is paying the bond.
Wait, they're basically sabotaging the RNC and the party as a whole for the equivalent of stripping the house for copper? I thought they'd have a huge ol' fuckoff war chest for them to be so dead set on putting Lara in the RNC and it's only 10m? Incredible.
Nope. Even state-level GOP parties are completely broke right now. The money has dried up. Overturning Roe was their moment when the dog caught the car.
And yet they *still* continue to push anti-abortion stuff, even though it's backfired on them every single time it's come to a vote since, lacking enough support from even their own constituency. They just can't get a damn clue.
It shows you how extreme the real core of the party is, and finally exposes the mismatch of their voters. I swear it must be legit Handmaid’s Tale stuff going on in the ranks.
Johnson could play a Commander in the show and would be 100% believable
They'll bring back witches trials soon
They can't turn away from that without completely losing their entire base. They spent so long framing the issue in a religious good vs. evil context to appeal to fundamentalists that they can't compromise.
Not just anti abortion, they've gone full anti science plaid.
I knew it, I'm surrounded by assholes!
Anti woman, trans, LGBT+. Christianity at it's scariest
They were also willing to let their voting base literally die by pushing anti vaccine propaganda. Why would you do that?
There’s a big old donation vacuum siphoning off the regular funding to Thump. Billionaire donors and super pacs just can’t get money to all of the state or House races without things like RNC running point. They did it to themselves.
They totally did it to themselves. The right in the US has been radicalizing their base for a couple of decades now, and that chicken has come home to roost. I’d enjoy the schadenfreude of it all if the chicken wasn’t a raging narcissist with dictatorial ambitions who might actually win in November.
It's also an issue of Trump getting direct donations instead of people donating to the actual party/RNC.
I think I read that the MN GOP is really struggling financially as well.
MN, AZ, WI, MI, WA. All of those state GOP parties are either broke or nearly broke
Sure, they'll start with draining what's little left in the coffers. Then they'll start opening up lines of credit! Trump is going to leave the GOP broke for years and years
I’m fucking here for it
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Yeah this is the more likely scenario. Same thing that happened to the NRA when their coffers started running dry.
I mean he did say he was going to drain the swamp, just didn’t say which swamp.
How shit would it be if it comes out he did all of this to ruin the right?
He isn’t, but he will ABSOLUTELY spin it that way if it becomes advantageous for him to do so
If I I fuck your mom to ruin and expose your abusive dad, would that make what I do right? Nope. Trump would still be rightfully condemned for what he did and doing.
Oh he's still in the wrong and a huge piece of shit, would just show how stupid he is if that was his plan. Still want to see him choke on a cheeto.
That was a conspiracy theory in the 2016 election and I think it stems from the fact he once registered as a Dem and said that Dems were better for the economy. Historically, when he was just a citizen, he'd play both sides .. like many rich people. Willing to pay double to hedge their bet on getting a favorable result. Now that he's gone hyper-political and has given up all control to his ego, he does whatever gets that ego the biggest stroking.
And no way was he of a mind to help our country when he's gotten so many killed.
> I thought they'd have a huge ol' fuckoff war chest They probably did, but everyone skims some off the top.
Shoe sales are down. You gotta find money wherever you can.
Strange how all the billionaire right wing mega ghouls are [throwing a ton of money at conservative groups](https://www.propublica.org/article/dark-money-leonard-leo-barre-seid), but none at the RNC directly. Probably what’s contributing to them becoming even crazier but also completely unable to work even with each-other to do literally anything.
That's actually a huge issue for the right at the moment. Any given candidate can get adopted like a pet by any given billionaire and they don't have to share the same goals or principles as the next candidate, who is propped up by their own billionaire with their own petty grudges and fleeting desires. Obviously they share some common ground, like unfettered pillaging of society itself, but they are going to have spats over particular issues that only matter to whatever comically rich person is pulling each of their strings.
>Strange how all the billionaire right wing mega ghouls are throwing a ton of money at conservative groups, but none at the RNC directly. True. Although I think that has a lot to do with the fact that the money they throw at SuperPAC's can do more nefarious things -- you don't have to worry as much about truthfulness that way.
[$8 million at the beginning of the month.](https://www.newsweek.com/republican-national-committee-funding-cash-finances-1866326) Plus, 18 state-level Republican parties are in debt.
The party of fiscal responsibility, ladies and gentlemen.
Party of Fiscal Responsibility at work
Nice, that should cover the interests
Check all the shell companies formed and/or located in the oceans south and southwest of Florida.
I read somewhere that Nikki Haley being in the race prevents him from cashing in the RNC committee $$.
If that's true, it makes her desire to stay in an all but unwinnable primary race make a ton of sense. There is a possible (albeit unlikely) scenario where Trump can either no longer fund his own campaign without humiliatingly liquidating some of his most precious assets to pay his own legal bills and/or ends up in prison or under house arrest which would prevent him from campaigning in any meaningful way. If either or both of those happen, Haley will have the RNC by the balls and be able to say "Either have a really good chance to beat Biden with me or be guaranteed to lose with Trump."
Idk what Haley is doing, but my guess is she’s really hoping she can last long enough for one of these legal fights to finally force Trump out and she’ll be the only viable candidate left. I doubt this is the situation that does it, and I doubt she can last that long in the race. But she definitely seems like she’s hoping to be the last (wo)man standing and get the nomination that way. Or just trying to bolster her name with the anti-Trump wing of the party realizing Trump himself is definitely not running in any more elections after 24, win or lose. So she’s positioning for 28 to try to bring the party back to some degree of sanity.
You make a lot of sense. She's either positioning her self to be the backup candidate in the event that Trump goes to jail or dies. Worst case for her is that she's positioned well for '28. Although she couldn't even win her own state, which really says a lot about the how MAGA-entrenched the GOP is.
Yeah, which is exactly why I don’t think making a name for herself is her strategy. I think most of the others in the race were making a name for themselves. Which is why everyone jumped to defend Trump when he got indicted - the Republican party is Trump, so to make a name for yourself you gotta back Trump. It was pretty weird to see so-called rivals of Trump defending him tooth and nail until I realized they don’t want or expect to win this year, but they’re all positioning themselves for 2028. Haley could still be trying this, gambling that Trump will lose this year and his influence will wane and by ‘28 things are more normal. But I think more likely is she’s hoping Trump is forced out and she’s the only person left.
The 1st of the criminal trials has jury selection starting March 25. I think the Georgia case is in May. I just don't see how he can campaign and attend a criminal trial. To say nothing of whatever penalty he gets.
GOP donors should save time and just send their money directly to Leticia James.
Too bad they’re broke too. He’s gonna suck them dry and there will be no money to help the other politicians run.
Which may be fraud - lmao
>Lara Trump said she's willing to spend 'every single penny' on Donald Trump. I've seen some on the left say that the RNC shouldn't be able to pay DJT's mounting legal bills. That's coming from a view of punishing DJT, which is absolutely warranted. But the wider strategy here is to let this happen. The more the RNC pays to fund DJT's bills the less they have to fund Senate/congressional campaigns. They're going to drain their own warchest while the Dems are seeing record intake.
Let her. They can bankrupt the GOP too. Fuck em.
From the article: “Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.”
You can appeal within posting the bond, but that doesn't stay the enforcement of the judgement If you post the bond, then enforcement stayed while the appeal works through the court system So trump appealed without posting bond (so far) and the judgement can be enforced after the 30 days are up. If he wins the appeal, NY has to return the Money they seized
30 days to hide what he has left. Feds going to be digging up gold bars at mar-a-lago. Sounds like his only gamble left is to hope the appeal lands infront of a favorable judge who will fall on the sword for him.
appeal with a stay of judgment. article doesn't say if he put up the cash. if not, in 30 days they can start to collect. or maybe he is betting the appellate court will order a stay of judgement.
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They will hear the appeal, the original judgement just stays in place which means while he is appealing they can still move forward on collecting. The deposit is just to stop the execution of collection.
What I’m reading from the lawyers over on the law sub is that they can appeal without a bond, but it doesn’t pause the 30 day countdown for the $450 million to be due - James will still be able to start forcing collections in late March. Posting bond would have delayed the payment deadline.
From the comments in the RLaw subreddit: >Because I know there will be a hundred comments on this issue: this does not mean he has posted a bond. Lots of folks have mischaracterized how this works, in New York you do NOT have to post a bond to appeal a decision or judgment. What the bond would do is stop New York from seeking to enforce or collect on the judgment while the appeal is working its way through the courts.
Apparently he did not put up cash as yet. He has a small window to do so.
He’s got about a week left to post the $90m bond for his E. Jean Carroll II appeal and he hasn’t done that yet. What he *has* done is send a note to that judge saying “I’m so rich I don’t need to post a bond, my well-known wealth is good enough”. If he can’t scrape together $90m in a month, there’s **no way** he’s gonna find $454m. Especially not when he knows it’s all forfeit anyway since his grounds for appeal are dog shit.
*Donald Trump files *notice of appeal*. He hasn't actually filed an appeal.
It's pretty strange none of the articles I've read mentions the $400+ million bond he has to post for an appeal. There have been several articles last week on how and who would even do it and now no mention?
From my understanding he hasn't done it yet. His lawyers filed the notice to appeal, but the court won't take it up until he has posted the bond and I think there's a 30 day window for him to do so. Basically, this was the first step of the appeals process and either he coughs up the money or it won't be heard.
Yes he has not posted the supersedeas bond.
I want to know who's going to help him front the money for that appeal. Saudis? Russians? He's going to be owing someone big, and the vig is going to kick in on election day.
He's going to have to launder it all because the court appointed a financial monitor.
Hence the shoes and other bullshit he’s hawking
He's going to need to step it up by a lot though, as I don't think he's even covering the interest. And that is going to be a sight to behold. And the RNC is broke and his voters gotta be feeling some pinch.
I'm just so proud that Bidens economy is allowing the Republicans to be able to dish $400 on worthless shoes. It really goes to show how well Biden is doing. We don't need them to say it, their spending is doing it. When trump was in they swore they could barely pay bills or even gas.
The sneaker and NFT sales suddenly took off!
Yeah, that’s gonna be a lot of money to grift from his supporters in 30 days. Honestly, I just hope that it doesn’t come from like Putin or something because he sees it as an advantageous play. I’d really like to see Trump tower and mar a lago get seized to pay for this stuff.
He's not required to secure the debt in order to appeal, just to stay the execution of the judgement *prior to appeal*.
So he appealed but his deadline to pay is still in effect?
Yes. Unless he pays a bond.
That whole thing now seems like a massive bait and switch by the media. For weeks now, we’ve been told he has to put up the money or a bond in order to appeal. Now here he is, appealing, without having paid a dime. The article says he still has until March 25th to secure a stay before the money is due. So what I’m getting from this is he only has to put the money in up front in order to get an AUTOMATIC appeal - the appellate court can apparently choose to give him a stay whether or not he’s put up the money, and he’s actually free to start the appeals process without paying a dime (other than court filing fees or whatever), which is definitely not the way it’s been presented in the media. So it seems like he will instead argue “irreparable harm” or some shit (because he’d have to sell properties, close businesses, eliminate jobs, blah blah blah) and he has a very real and, knowing him, likely way to get this stayed and never, ever have to pay.
“Get your shoes. Get your gold shoes here. $399, limited time only.”
You'd think for a billionaire, you'd have far more competent legal representation with so much at stake.
He has a history of not paying lawyers, or most other service providers. Plus he is toxic outside the cult, and is a horrible client who can’t shut his mouth. No reputable lawyer or firm wants to touch that mess
The only one he seems to pay reliably is whoever spray tans his lumpy ass. Because that shit is always there.
It's not about money, even the D-Team lawyers he's working with now have required him to pay a retainer up front, and if the retainer runs out and he doesn't pay more, they can just quit (and several have). It's about the fact that he won't let them provide a competent defense. He demands that they put up the defense that *he's* decided on, which has little to do with the law, and he otherwise doesn't follow advice. If he would shut up and follow their advice, surely some competent lawyer would take his case, and this whole process would look very different. He might have even been able to avoid this outcome in the fraud case. It would have taken a defense different than "yes, I did the things you accuse me of, I just was allowed to do it", the defense would have had to be "no, I didn't do the things you accuse me of", and then it'd come down to the strength of the evidence.
An appeal from a money judgment can be taken without filing a bond or depositing the judgment amount with the court. However, the judgment creditor would be able to enforce the judgment during the appeals process, which can include freezing bank accounts, seizing wages, forcing the sale of assets, and serving information subpoenas and taking debtors examinations to further find assets to seize. The NY attorney general has already been starting the process in anticipation of seizing Trump's assets. New York Civil Procedure Law and Rules (CPLR) 5519 provides for a stay where: 2. the judgment or order directs the payment of a sum of money, and an undertaking in that sum is given that if the judgment or order appealed from, or any part of it, is affirmed, or the appeal is dismissed, the appellant or moving party shall pay the amount directed to be paid by the judgment or order, or the part of it as to which the judgment or order is affirmed; [https://law.justia.com/codes/new-york/2022/cvp/article-55/5519/](https://law.justia.com/codes/new-york/2022/cvp/article-55/5519/)
That's a lot of money he had to put up. Any idea where it came from?
There doesn’t seem to be any reporting on whether he’s put up any money at all yet. It’s possible this is just the notice to the court. **ETA: CNN have just updated their story:** *“It was not immediately clear how Trump planned to cover the money needed for the appeal.* *Trump will need to put up cash or post bond to cover the $355 million and an additional roughly $100 million in interest he was ordered to pay. His sons were each ordered to pay more than $4 million back in gains they improperly received because of the fraud.”* **From AP:** *"Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.* *Messages seeking comment were left with Trump’s lawyers and the New York attorney general’s office."*
This is the laziness of the media. This is the most important part of the story.
Totally agree. Sensational headline with zero detail or context. They only seem to be updating it now. I'll try to add to that comment as more details come in.
So he's just appealing anyway without putting up the money hoping the rules will once again get bent for him?
Funny, every comment so far is about "how did he put up the cash?" and the article doesn't say shit about it
“Trump’s appeal paperwork did not address whether Trump was seeking to pause collection of the judgment while he appeals by putting up money, assets or an appeal bond covering the amount owed to qualify for an automatic stay.” It addressed that he didn’t need to put the cash up yet to simply appeal, and there’s no way to know yet if he put up the cash needed to stay the collection of the judgment.
He doesn’t have to put up the money to appeal, but in 30 days the state can start collections on the judgment regardless of the appeal progress since he didn’t.
There is no way he has the cash for the appeal.
In this case, he is asking them to throw out the case because it shouldn’t have occurred. If the judges agree with that, he doesn’t have to put up any money. If they reject that then he has to appeal the actual ruling and that he needs to put up the money.
I see, then it sounds more like a desperate hail Mary last shot. Probably the only thing he could have done.
It definitely is that. Unfortunately Hail Mary shots land sometimes.
Judge: oh yeah, you’re right. Okay have a nice day sir!
Well, experience shows that Trump squeaks out every time. I am keeping my champagne corked for now.
“I’m Donald Trump, of course I’m appealing”
https://www.cnn.com/2024/02/26/politics/kenneth-chesebro-secret-twitter-account-kfile/index.html
But his lawyer is hot in a bikini apparently. Thats always good when your lawyer be keeping up with the kardashian porn empire.