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re: Breaking: Trump is unable to make $464 million bond in civil case

Posted on 3/18/24 at 12:09 pm to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99806 posts
Posted on 3/18/24 at 12:09 pm to
quote:

Most likely, the corporation will file a Chapter 11 bankruptcy to halt collection efforts until appeal is decided


Finding of fraud prevents this
Posted by themunch
Earth. maybe
Member since Jan 2007
64830 posts
Posted on 3/18/24 at 12:14 pm to
Finding of fraud prevents this

There was no fraud
Posted by Mephistopheles
Member since Aug 2007
8331 posts
Posted on 3/18/24 at 12:15 pm to
quote:

Within 30 days, even if we choose to appeal this, which we will, we have to post the bond, which is the full amount and then some. We will be prepared to do that.


^Alina Habba on 2/19. Not just a pretty face.
This post was edited on 3/18/24 at 12:16 pm
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 3/18/24 at 4:51 pm to
quote:

quote:
Most likely, the corporation will file a Chapter 11 bankruptcy to halt collection efforts until appeal is decided


Finding of fraud prevents this


Putting fraud aside, can you file BK if you have the assets to fully cover your obligations multiple times over?
This post was edited on 3/18/24 at 4:52 pm
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