My practicing law without a license opinion is NY can place a lien on any partnership property but ultimately could not seize the asset.
The lien would have to be paid before the property or shares of the partnership could be sold—but that would not be “seizure”.
Thank you. I was wondering also about the possibility of liens. Maybe in time the liens might be paid off, but if the business climate in New York continues to decline, the properties may in time be essentially worthless, thus the liens also becomes worthless. They want the cash! And they want it NOW!
Betting DjT and his lawyers also know an actual seizure is virtually impossible, nor have the remotest chance of succeeding. Your lien scenario is much more likely.
Thus, -—being pretty damn good at wheeling and dealing—I’m betting he’d like James to absorb the publicity and all its repercussions for the city and country and international image.
Soon to be armed with a 3.5B windfall with Truth Social going public, he’s found sources willing to loan him the 1/2B bail which he now says he’s got.
I’ll bet he doesn’t proffer the cash, instead teasing James to take the dare and ruin her reputation and the city.
NY law says he can’t appeal this ridiculous charge unless he posts bail, but the US 8th amendment prohibiting excessive fines will eventually nullify that.
Years of legal battles in this case appear certain, for which Trump will be able to pay for and win and perhaps collect another windfall for reputational damage.
Letitia...you lose, you stupid POS. Don’t gamble with a master of the deal.
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.
Trump claims to have over $500 mil in cash. She can take his deposition on the banks with his cash. Then seize.