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re: Trump owes lenders $450 million yet there were no complaints from the lenders.
Posted on 2/17/24 at 8:20 pm to KiwiHead
Posted on 2/17/24 at 8:20 pm to KiwiHead
quote:Oh boy.
I would have either arranged for my client to file bankruptcy in advance of the trial if I could not get a reasonable settlement which in this case I would have gone at 175 million cash transaction.
You would have had Trump file bankruptcy in advance of the trial?
Posted on 2/18/24 at 6:53 am to NC_Tigah
Yeah, it's the smart move and a negotiating tactic. When the state comes at you like this, they will get something whether they "deserve" it or not. Good BK guys can make their clients look like paupers before a Trustee. Looking like you owned nothing, was actually one of Epstein's specialties along with using young girls to get leverage.
I knew guys in NYC who had BK attorneys on speed dial just in case something like this would come up. When they engage in Lawfare, it helps when you also get into the game.
I knew guys in NYC who had BK attorneys on speed dial just in case something like this would come up. When they engage in Lawfare, it helps when you also get into the game.
Posted on 2/18/24 at 7:05 am to NC_Tigah
quote:
I would have either arranged for my client to file bankruptcy in advance of the trial if I could not get a reasonable settlement which in this case I would have gone at 175 million cash transaction.Oh boy. You would have had Trump file bankruptcy in advance of the trial?
In this case I would have just had my client not run for president and miraculously all the charges would be dropped.
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