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To: cgbg
My practicing law without a license opinion is NY can place a lien on any partnership property but ultimately could not seize the asset.

If Trump is the debtor, they can only put a lien on whatever he owns in his name. If a property is owned by a partnership of which he has a partnership interest, they could only put a lien on his partnership interest. They cannot put a lien on the partnership property.

14 posted on 03/23/2024 4:29:47 AM PDT by KevinB (Word for the day: "kakistocracy" - a society governed by its least suitable or competent citizens)
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To: KevinB

That makes sense.

The “seizure” headlines seem totally ridiculous.


15 posted on 03/23/2024 4:40:25 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: KevinB; cgbg

And that partnership interest would be only 25%, for the example of Trump 25% other partners 75%.


26 posted on 03/23/2024 6:38:09 AM PDT by WildHighlander57 ((the more you tighten your grip, the more star systems will slip through your fingers.) )
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