Posted on 04/22/2024 11:06:51 AM PDT by Macho MAGA Man
A judge on Monday smacked down Marxist tyrant Letitia James and ruled in favor of Trump in a fight over a $175 million bond.
On Friday Letitia James asked a judge to void Trump’s $175 million bond that he posted to appeal the civil fraud case
Letitia James argued that California-based Knight Specialty Insurance Company (KSIC) is not approved to do business in New York.
James also questioned whether KSIC has the funds to back up the $175 million bond Trump previously posted.
“Based on KSIC’s policyholder surplus in its most recent annual financial statement of $138,441,671, the limitation of loss on any one risk that KSIC is permitted to write is $13.8 million,” Letitia James’ office wrote in a 26-page filing according to Fox News. “The face amount of the bond exceeds this limitation by $161.2 million.”
James also argued in her filing: “KSIC is not qualified to act as the surety under this standard because its management has been found by federal authorities to have operated affiliated companies within KSIC’s holding company structure in violation of federal law on multiple occasions within the past several years.”
“KSIC does not now have an exclusive right to control the account and will not obtain such control unless and until it exercises a right to do so on two days’ notice,” James’ office wrote in the filing.
Letitia James asked the judge to void Trump’s bond and require him to post another bond within 7 days of the court’s decision.
The judge ruled against Letitia James on Monday and said Trump’s $175 million bond can stand.
Fox News reported:
(Excerpt) Read more at thegatewaypundit.com ...
Power corrupts, absolute power corrupts absolutely.
That explains why the media is omitting his name.
This article may not be all that accurate. All other reports state that the prosecutor and defense attornies reached an agreement on the changes necessary to maintain the existing bond.
Knight Specialty Insurance Company (KSIC) is not approved to do business in New York.
They didn’t do business in New York they did business in Florida with Trump.
if it is Engoron, why not continue his torture chamber tactics? he will be roasted on appeal anyway.
Just another copycat TGP article with over the top headline. She hasn't been "slapped down" by Edergon - quite the opposite. He's given her virtually everything she wants. They left his name out purposely to make this look like some major setback for Leticia James.
GOOD!
TGP report something inaccurate???? Perish the thought!
Every other report on this ruling does mention the judge’s name - and there was only one trial judge presiding over this fiasco to issue a ruling on it, so you know who it had to be. “The media” in this case omitting his name is TGP - which manages to be even less credible than most of the MSM.
(“The media” in this case omitting his name is TGP)
Nope! The FOX News video and article omits who the judge is. Therefore your above sentence is wrong.
Interesting, didn’t see anywhere in the article where the judge was named. Could Enmoron have actually made a good and unbiased decision.
I thought that was rather good news as Leticia James really needed a good slapdown in my opinion. It helps a person when someone seemingly that belligerent gets put in their place. It makes one feel a certain sense of justice is actually being done, rather than just talked about.
I thought that was rather good news as Leticia James really needed a good slapdown in my opinion. It helps a person when someone seemingly that belligerent gets put in their place. It makes one feel a certain sense of justice is actually being done, rather than just talked about. Hopefully, this decision holds up.
ummm interesting could be.
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