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re: Trump likely to have to post $83 million bond to appeal

Posted on 1/26/24 at 6:58 pm to
Posted by Riverside
Member since Jul 2022
2501 posts
Posted on 1/26/24 at 6:58 pm to
First, you are acting as if Trump is required to pay the full judgment—he’s not. The bond will say that the surety is obligated to pay the full amount of the judgment plus interest and other costs, but the cost to obtain the bond won’t be $83 million. Second, Rule 62 says the party may post s bond or other security. I’d suspect Trump puts up real property to secure the judgment.

One thing we can count on is that the judge will do everything he can do to screw Trump on the bond/security. Fortunately, this is why God made appellate courts.
Posted by Born2rock
Member since Oct 2022
926 posts
Posted on 1/26/24 at 8:36 pm to
The judge didn’t screw Trump…..he screwed himself…..can’t keep his mouth shut.
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