I believe the deadline is Thursday. The order issued on Monday, March 25. The general rule is that the day an order issues isn’t included in the calculation, so the clock started ticking on Tuesday, March 26. Ten days from that is (counts on fingers) Thursday, April 4.
ETA: went back and checked the Hill article I posted; it says April 4 as well.
Appreciate the clarification. “Still active professionally” isn’t quite the same as “still around.” 
Knight insurance has bonded trump for the 175m.
Now onto the appeal brief due by July.
Hm. Well, waddya know.
Is it known what was put up as collateral?
Sounds like a good fit.
Does that give Knight Insurance inside running for the VP’s slot on the ticket?
Yes, he has posted bond. Color me surprised.
Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the…
I look at it (as is pointed out upthread) that if, as currently seems likely, when Trump loses his appeal (less sanguine that the penalty won’t be reduced, but still) the state of NY is going to get a big chunk of money, and I fully expect that Knight is end up going to be the one adding to the list of lawsuits against Trump.
But, even that will accomplish the hoped-for (by Trump) delay.
Definitely a good fit. Don Hankey, the chairman of the Hankey Group of which Knight is a part, is an 80-year-old geezer who built the business largely on the basis of subprime car loans – i.e.- making car loans at extortionate interest rates to bad risks, a business that I’m sure involved close relationships with many late-night car repossessors. I’m sure that the organization’s experience with this kind of clientele will come in handy when, so to speak, the rubber hits the road with Trumpie.
Anybody else look through the rest of the leadership hoping for a Pankey?
No, but Mr. Hankey only reminds me of one of the early, very gross (but hilarious) episodes of South Park.
Mr. Hankey is the name of the sentient, friendly lump of poop which Kyle befriends at Christmas-time.
Sounds just like trump’s kind of businessman.
Very dodgy sounding.
Out of curiosity: do you fully expect that Knight will end up winning, and that Trump will then have someone else put up a bond?
i don’t believe the appeal will go through. some things may change, but there will be a chunk of money and rulings about running a company.
knight will have to get the money from trump at some point. they may have to sue him for it.
I don’t, not if they’re competent. I expect that Trump will have X days to complete the repayment, at which point title transfers on a number of properties to Knight.
Unless Knight is led by idiots, the agreement provides no room for further negotiation. Trump can bitch and moan to his heart’s content, Knight’s reaction will be, “Yeah, whatever, get your shit out of Mar-a-Lago or you’ll find it out on the lawn.”
But this is Trump we’re talking about. Do you think he’ll allow for the peaceful transfer of ownership? This is the guy that just about needed to be forcibly removed from the White House, and even then he stole a bunch of stuff on the way out.
Personally, I won’t be surprised if, once people start seizing properties, there’s at least one or two eviction hearings as he claims squatter’s rights or starts trying to invent loopholes to crawl through.
No matter how it plays out, at least it’ll being playing out against a private company and not the government. Then maybe we can stop hearing about ‘witch hunts’ and ‘Biden’s DOJ’ or whatever he wants to whine about. If he loses the election, I’m assuming that’ll be the end of his political career and with no political power and no money, he’ll hopefully get the Giuliani/Lindell treatment from the media and he’ll slink off into the background as his world collapses around him.
And how will that produce any money?
Well once Trump puts up a bond for that appeal…
He won’t have a choice, not if Knight is competent. There will be a trigger where title automatically transfers. Knight will own the properties on that date, period. Maybe they’ll have to complete certain filings, but that’ll be a formality.
Think of your own mortgage. The bank lent you the money, with the house itself as collateral. You agreed to the terms, eyes wide open. Not to say there’s absolutely zero recourse you’d have if you stopped paying, but there’s not much. The bank will own the house if they don’t get their dough, and they won’t need your okay or cooperation.