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To: Enterprise

As a real estate investor, myself, Trump should have called a few of his most trusted and most wealthy friends to file liens on the property. The shaved Bigfoot face would then be in subordinate position and forced to pay off those liens before taking action. She’d be put into a similar challenge that Trump is now in. As an aside, there are ways to establish corporate veils on holdings, but Trump likes to put his name on everything. He carries enormous pride and I don’t blame him.


25 posted on 03/23/2024 6:16:26 AM PDT by LittleBillyInfidel (This tagline has been formatted to fit the screen. Some content has been edited.)
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To: LittleBillyInfidel; tired&retired

See tired&retired’s post

https://freerepublic.com/focus/f-news/4226276/posts?page=16#16

about Trump’s properties in separate corporations.


27 posted on 03/23/2024 6:41:54 AM PDT by WildHighlander57 ((the more you tighten your grip, the more star systems will slip through your fingers.) )
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To: LittleBillyInfidel
As an aside, there are ways to establish corporate veils on holdings, but Trump likes to put his name on everything.

There are ways to pierce corporate veils, but that takes time and paperwork. Standard practice in situations where there is very valuable items or significant liability concerns is to make each item its own corporation. Shipping and taxis use this extensively. Carnival Cruise lines despite it's name on all those cruise ships does not own any of them, each ship is technically it's own corporation.

If I was Trump, I would have just to make life harder for anyone trying to collect on a lawsuit is to legally have most if not all of my assets in a trust, with me as the manager of said trust.

34 posted on 03/23/2024 7:30:35 AM PDT by Fraxinus (My opinion, worth what you paid.)
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To: LittleBillyInfidel

The problem with that approach is those holding the liens would be next up for a false investigation and then prosecution by the state of NY.

James is killing any outside money going into projects in NY yet the citizens don’t seem to care, so screw them and let them all suffer.


42 posted on 03/23/2024 8:56:57 AM PDT by MTBobcat (The “rank-and-file” are as corrupted as their leadership.)
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