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Trump has to deposit $455 million just to appeal the decision against him

Posted on 2/20/24 at 10:59 am
Posted by L.A.
The Mojave Desert
Member since Aug 2003
61228 posts
Posted on 2/20/24 at 10:59 am
quote:

Jonathan Turley @JonathanTurley

By making the fine so large, Engoron guaranteed that Trump will lose tens of millions even if his judgment is reduced or tossed out. Moreover, Trump has 30 days to come up with close to a half billion dollars in a deposit or bond just to file an appeal.

link to the full story here at jonathanturley.com
Posted by Ping Pong
LSU and UVA alum
Member since Aug 2014
5346 posts
Posted on 2/20/24 at 11:02 am to
quote:

Under New York law, Trump cannot appeal this ruling without depositing the full amount, including interest, in a court account.


strange this law has never been overturned. Does it not hinder the right to an appeal, which falls under due process?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167141 posts
Posted on 2/20/24 at 11:02 am to
quote:

or bond



So he doesn't have to come up with $455 million despite what your title says
Posted by idlewatcher
County Jail
Member since Jan 2012
78949 posts
Posted on 2/20/24 at 11:03 am to
I hope that dude breaks every law there is against the left if he gets back in the WH. Revenge is a b*tch.

Yea hang on a sec and let me deposit half a billion dollars. These people are crazy.
Posted by teke184
Zachary, LA
Member since Jan 2007
94918 posts
Posted on 2/20/24 at 11:04 am to
quote:

So he doesn't have to come up with $455 million despite what your title says


I’d try to claim MAL as worth that much to post the bond just to flip the bird.

Use the banks’ valuation of the property to support it.
Posted by Lsuhoohoo
Member since Sep 2007
94388 posts
Posted on 2/20/24 at 11:04 am to
America!
Posted by Nosevens
Member since Apr 2019
10265 posts
Posted on 2/20/24 at 11:10 am to
Thugs, thieves & illegal aliens murderers gave no bonds to post
Posted by GumboPot
Member since Mar 2009
118691 posts
Posted on 2/20/24 at 11:11 am to
quote:

or bond


He won’t have to come up with the full $455. Still probably around $100 million for the bond. He’s probably going to have to go to someone like Goldman Sachs or equivalent to write an instrument that large.
Posted by teke184
Zachary, LA
Member since Jan 2007
94918 posts
Posted on 2/20/24 at 11:11 am to
DeutchBank should be able to do so and they have a relationship with him.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27376 posts
Posted on 2/20/24 at 11:12 am to
It's never been used like this before.
Posted by SirWinston
PNW
Member since Jul 2014
81423 posts
Posted on 2/20/24 at 11:13 am to
It continues to dismay me that zero democrats have spoken out against this ruling.
Posted by GumboPot
Member since Mar 2009
118691 posts
Posted on 2/20/24 at 11:13 am to
If NY state underwrites the bond he should use DWAC stock as collateral.


Make NY state own DWAC.
Posted by Chazreinhold
Utah
Member since Oct 2020
5734 posts
Posted on 2/20/24 at 11:15 am to
Sounds like an Illegal Abomination.
Posted by Longhorn Actual
Member since Dec 2023
905 posts
Posted on 2/20/24 at 11:15 am to
The ultimate troll would be to use Alfa Bank.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421945 posts
Posted on 2/20/24 at 11:18 am to
quote:

strange this law has never been overturned.

Many (most?) states have similar bonding requirements for appeals.

Louisiana does for our suspensive appeals.
Posted by Ray Ray Rodman
Florida
Member since Mar 2005
17654 posts
Posted on 2/20/24 at 11:18 am to
Penny change for Trump. He's the most richest, amazingly liquid, super duper katrillionaire there has ever been, ever.

Should be no problem for him.

Like a light lunch, if you will!
Posted by GumboPot
Member since Mar 2009
118691 posts
Posted on 2/20/24 at 11:20 am to
quote:

Penny change for Trump. He's the most richest, amazingly liquid, super duper katrillionaire there has ever been, ever. Should be no problem for him. Like a light lunch, if you will!


You are relishing in Trump’s pain, huh?
Posted by imjustafatkid
Alabama
Member since Dec 2011
50371 posts
Posted on 2/20/24 at 11:21 am to
quote:

Trump has to deposit $455 million just to appeal the decision against him


He should appeal based on this alone. Make them say this is constitutional and take it all the way to SCOTUS.
Posted by McLemore
Member since Dec 2003
31456 posts
Posted on 2/20/24 at 11:21 am to
quote:

It continues to dismay me that zero democrats have spoken out against this ruling.


Why are you dismayed over a 100% known certainty that you could see coming from a 100,000 miles away at 1 mph?

These people are lawless radicals. EVERYTHING is fair game to them.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50371 posts
Posted on 2/20/24 at 11:21 am to
quote:

Penny change for Trump. He's the most richest, amazingly liquid, super duper katrillionaire there has ever been, ever.

Should be no problem for him.

Like a light lunch, if you will!


No one has half a billion dollars just lying around, moron.
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