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Trump faces 'insurmountable difficulties' in securing $464M bond in civil fraud case, his attorneys say
Abc ^

Posted on 03/18/2024 7:57:09 AM PDT by janetjanet998

Former President Donald Trump is facing "insurmountable difficulties" in obtaining a bond to satisfy the $464 million civil fraud judgment, his attorneys said Monday in a new appellate court filing

(Excerpt) Read more at abcnews.go.com ...


TOPICS: News/Current Events
KEYWORDS: judgeengoron; letitiajames; magadeathcult; rinotrump; trump

1 posted on 03/18/2024 7:57:09 AM PDT by janetjanet998
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To: janetjanet998

Not one of Trump’s attorneys is named as a source in the hit piece.


2 posted on 03/18/2024 8:04:54 AM PDT by Macho MAGA Man (The last two weren't balloons. One was a cylindrical objects Trump is being given the Alex Jones tr)
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To: Macho MAGA Man

Yes, his attorneys are going to risk being disbarred by revealing confidential client information....

Possibly some clerk with an axe to grind or something at the firm might, but no atty is going to talk to the press about this on the record, and no smart on is going to mention it at all to the press on or off the record.


3 posted on 03/18/2024 8:07:35 AM PDT by HamiltonJay ( )
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To: janetjanet998
"his attorneys said"

There's an easy way for ABC "News" to avoid a libel suit from that lie.

4 posted on 03/18/2024 8:08:45 AM PDT by mikey_hates_everything
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To: janetjanet998

Fake News , misinformation , why is the government not going after them


5 posted on 03/18/2024 8:13:48 AM PDT by butlerweave
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To: mikey_hates_everything

It is in a court filing. It is the truth


6 posted on 03/18/2024 8:14:58 AM PDT by Oystir
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To: janetjanet998

Thus far, every attempt of the deep state to immure Donald Trump has failed. That should tell everyone something about Who is guiding.


7 posted on 03/18/2024 8:23:44 AM PDT by fightu4it (conquest by immigration and subversion spells the end of US.)
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To: Macho MAGA Man

Its from a court document I’ve read.


8 posted on 03/18/2024 9:08:26 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: Macho MAGA Man

Really? The quote is attributed to Trump Organization General Counsel, and was part of a filing on Monday.

“Defendants have faced what have proven to be insurmountable difficulties in obtaining an appeal bond for the full $464 million,” according to an affirmation by Trump Organization general counsel Alan Garten.

The piece also quotes Alina Habba and Clifford Robert.

“Obtaining such cash through a ‘fire sale’ of real estate holdings would inevitably result in massive, irrecoverable losses — textbook irreparable injury,” defense lawyers Alina Habba and Clifford Robert wrote.


9 posted on 03/18/2024 9:12:39 AM PDT by ETCM (“There is no security, no safety, in the appeasement of evil.” — Ronald Reagan)
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To: Macho MAGA Man

Correct. I think this is either just a hit piece or a negotiating ploy by the attorneys.


10 posted on 03/18/2024 9:18:30 AM PDT by LS
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To: Macho MAGA Man

If it’s in a court filing, his attorneys signed it.

That being said, Trump’s attorneys may be able to use this to argue the verdict was a constitutionally prohibited “excessive fine.”


11 posted on 03/18/2024 9:58:19 AM PDT by Behind Liberal Lines
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To: ETCM

The Magadeathcult is aggressively stupid. It’s completely legitimate to believe Trump is getting screwed unfairly. It’s another to attribute every bit of bad news to “fake news.”


12 posted on 03/18/2024 10:00:21 AM PDT by Behind Liberal Lines
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To: janetjanet998

bttt


13 posted on 03/18/2024 11:43:39 AM PDT by higgmeister (In the Shadow of The Big Chicken! )
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To: Behind Liberal Lines
every bit of bad news to “fake news.”

Every poll we don’t like is slanted.
Every news story we don’t like is Fake News.
Every election result we don’t like has been stolen.
14 posted on 03/18/2024 12:51:44 PM PDT by Reynoldo (BurnLootMurder)
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To: Reynoldo

Conservatism was once a proper movement. Now it’s a cult of personality that demands we believe one man over our own lying eyes.


15 posted on 03/18/2024 5:40:49 PM PDT by Behind Liberal Lines
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To: janetjanet998

Build Back Babel

......vs .....

... Spartacus.....


16 posted on 03/18/2024 5:47:19 PM PDT by Varsity Flight ( "War by 🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: Behind Liberal Lines

How is he getting screwed? Wouldn’t any defendant who lost a case and was ordered to pay a judgment be required to post a bond pending appeal? Trump is a multibillionaire. Why doesn’t he secure the bond with cash so the bond companies don’t have to worry about getting repaid?


17 posted on 03/18/2024 6:00:57 PM PDT by Kathy in OC
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To: Kathy in OC
Why doesn’t he secure the bond with cash

Trump doesn't have $500M in liquid assets. Most Billionaires don't. His money is in his business and property holdings. Sure, buyers would line up to buy Trump Tower, Mar A Lago, Trump Doral, Trump Chicago, Trump Las Vegas, Trump Doonbury, Trump Waikiki, or any of his hotels, golf courses or other businesses at 30%-50% off. That is the whole point of this filing :

“Obtaining such cash through a ‘fire sale’ of real estate holdings would inevitably result in massive, irrecoverable losses — textbook irreparable injury,” defense lawyers Alina Habba and Clifford Robert wrote.

18 posted on 03/18/2024 8:50:45 PM PDT by ETCM (“There is no security, no safety, in the appeasement of evil.” — Ronald Reagan)
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To: Kathy in OC

He’s getting screwed because the judgment is wildly overinflated for what was essentially a victimless act.


19 posted on 03/19/2024 3:56:58 AM PDT by Behind Liberal Lines
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To: HamiltonJay

It’s in a court filing, which is public record.


20 posted on 03/19/2024 1:58:17 PM PDT by Coronal
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