Ignoring his cries about all these rules being unconstitutional, is there any truth that the “blanket prohibition on lending transactions would make it impossible to secure and post a complete bond”.
I hadn’t thought about that and I have no idea if his previous restrictions regarding borrowing money in NY would have any effect on getting a bond.
“Why this is so unfair! These punitive damages will just prevent my client from repeating the same actions that landed him in court in the first place! It’s just UnAmerican!”
I can see a lot of this in Trump’s 2024 (and 2025 if things go well in November). He has spent his life getting away with everything by a combination of lies, bullying, delaying tactics and bartering. He is facing a bunch of court cases where that just doesn’t fly, he’s gonna try it anyway and then get increasingly deranged when it falls flat.
I’d suggest that “bartering” is the key word in the above post. To Trump, it seems that everything comes down to some sort of deal. Ideally, he’ll aim for a zero-sum deal, where he gets the benefit and the other party gets nothing; but if necessary, he’ll try to barter the other party down to a less-than-agreed-upon amount. That might work with various contractors, but now he’s involved in court matters, and courts don’t do deals.
As noted in the ABC News link above, the courts will not entertain Trump’s offer to post $100M. No, he has to post the full amount of $454M. But it’s obvious that Trump just looked at the matter as another opportunity to make a deal of some sort.
This is widely reported, but seems not to be the case. As I understand it, Trump can appeal without posting bond, but then doesn’t get a stay against asset seizure. But even if assets get seized, they stay in escrow until the appeal concludes.
I’m not clear on this part. It could be, but it might not be. I haven’t seen any such requirement. Not that it matters. The State of NY doesn’t need the cash right away (like other plaintiffs might). The important part is to take things from Trump.
This is the Roy Cohn way. Fight like a bastard in court, never give an inch, destroy the other guy: that was Cohn’s counsel. But it was always about civil matters. I remember reading somewhere that Cohn had warned Trump that while aggression and pugnaciousness was the best path in party vs party litigation, Trump should be more careful about getting entangled in criminal prosecution, because it was a whole different thing. I’m confident I read that, but I’m searching now and can’t find a cite. Though the fact that Cohn was eventually held to account for tax cheating should have been a lesson for Trump.
Anyway, I agree that he’s trotting out the same old playbook because it’s all he knows, and it’s always worked before. And now, it won’t work as well.
Of course, it doesn’t need to totally work, it just needs to work enough to buy a few more months.
But if anyone remembers the source of the Cohn bit above, I’d dearly appreciate a reminder.
The judge did stay part of the ruling not allowing him to do business with NY banks so he will be allowed to get a bond from one if he if one is interested.
Well, maybe in one of his criminal cases he could seek a plea deal, though that negotiation would be done with the prosecutor and the court would still be free to say yea or nay to its terms.
Every time I think about Trump’s ‘offer’ to post a $100M bond instead of the amount required by the Court makes me picture in my mind Trump’s attorneys doing something like this:
“Okay, we admit 350 Million plus interest is a little bit higher than we were hoping for but tell you what. I’m going to write a number on this piece of paper here and I’d like you to tell me what you think of this instead (slides paper over)…”
He’s always been able to negotiate his way out of fixes with creditors before with a combination of greenmail, threatening lawsuits, renegotiating terms, or declaring bankruptcy. Those strategies won’t work with the AG’s office or courts for the State of New York.
You know I just had an ironic thought. You know how in this trial Trump attempted to argue that he shouldn’t be charged because he didn’t actually default on any of the loans and so his lying didn’t cause any harm? I wonder if some of those loans might still be outstanding, and if so whether this judgement against him will result in his actually defaulting on them.
Donald Trump tried — but failed — to switch the addresses of key assets from Trump Tower in New York to Florida, officials with the state attorney general’s office said in their latest civil fraud case filing.
Days after losing the 11-week fraud trial, Trump’s lawyers “announced for the first time that various entity defendants operating in New York are allegedly now located on a golf club in Florida,” state officials complained in the new filing.
Trump’s attorneys revealed ‘corrected’ addresses for six properties. Per the table in the article, the ‘correct address’ of Donald J Trump Revocable Trust, which owns 100% of Trump’s ‘business empire’ and is also known as Trump Organization, is Mar-a-Lago. The ‘correct address’ for four properties is the Trump National Golf Club in Jupiter, Florida, and the ‘correct address’ for the other is the Trump National Doral Miami.