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It does seem that if James wants to seize a property that is in a partnership she's going get a lot of pushback. Partners will make the point that while Trump has a "judgement" against him, they are not the targets of any "judgement." So, back to court, and perhaps different judges might be assigned according to where other properties are located. Turley also raises the possibility of 8th Amendment challenges, and the possibility that an appeals court may reduce the judgement.

The issue of damage is an interesting one. James is counting on the current value of any property she wants to seize. Suppose that in the process of seizing a property its value drops precipitously. Then does she have to seize even MORE property to make up for the drop in value of properties she is seizing? Now where does THIS end?

James is going to have a rougher time than she thinks. On the other hand, I think she knows this, and so does the Judge. It's a bluff to try to make Trump come up with the cash, and THAT'S what they want. Hundreds of millions of dollars to squander in more leftist spending. Maybe Trump should keep taunting them. "Hey James and judge, I have 500 million in cash and you're not getting ANY of it."

1 posted on 03/23/2024 2:40:12 AM PDT by Enterprise
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To: Enterprise
Real estate partnerships can be incredibly complex, as I've learned over the past 18 months working for a large real estate company.

I've prepared returns with up to 250 partners, and our CEO's individual return has at least 100 K-1s.

I hope Letitia goes ahead with her plan. She will be inundated with legal filings by the other partners.

48 posted on 03/23/2024 9:32:54 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Enterprise

And a lot of leases in the property. Retail and apartments.


60 posted on 03/24/2024 4:26:21 PM PDT by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: linMcHlp; cgbg; Gay State Conservative; Wallace T.; Alberta's Child; RoosterRedux; vivenne; ...
Thank all of you for your thoughts and analysis on this post. In reference to specific posts by Alberta's Child and Tired&Retired I am more hopeful now for President Trump. I want to add that many posts are similarly welcomed because of the hope they also provide.

So far, the mutant retard and her playmate have had things their way. I wonder though, if she attempts to seize some of the properties if there are going to be federal issues. If so, then this is putting the case in the hands of a judge other than her playmate.

It is going to be one hell of an interesting Monday if she proceeds with her threat to seize property. As the days, weeks and months progress, I would appreciate it if you all would return to the thread to post additional thoughts, analysis, and observations.

It's a week early, but Happy Easter and God bless you all.

67 posted on 03/24/2024 10:27:25 PM PDT by Enterprise
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To: Enterprise
Financial Services and other companies need to move out of the Democrat Hellhole known as New York City..

Any company staying in New York is inviting Letitia James and her ilk to bankrupt them. Florida and Texas are still open... for now.

71 posted on 03/25/2024 4:57:01 AM PDT by GOPJ (Democrats - the party of angry shrill bimbos.. weak men and sexual weirdos...)
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To: Enterprise

Big Bubble Butt Mammy gonna make all dem po’ folks rich by stealing the money Donald Trump worked all his life for.


74 posted on 03/25/2024 5:57:22 AM PDT by FlingWingFlyer ("A Noble Heart Can Know No Ease Without Freedom.")
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To: Enterprise

Letitia is way too dumb to seize any properties. Not only that, if she tried Trump would get another 5% of the Independent vote.


78 posted on 03/25/2024 8:45:59 AM PDT by 1Old Pro
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