As an ex-lawyer — in NY — Donnie could get away with posting a bond for 10% of the final judgment so he can appeal it. Even his ability to get that 10% is questionable. Related: he may have difficulty doing same for the much smaller Carroll judgments.
This situation may account for at least part of the reason he looks like shit and has trouble pronouncing words.
I should add that if he’s returned to office, his means of vengeance against NY for this is extremely limited.
You can guarantee some rich rusky or more likely a 'rab will pony a shit load of money to cover it for a 10sq ft apartment in one of Jared's slums that Donald happened to buy a long time ago.
interest continues to compound at about a million a week, so if the gofundme effort were continuous AND made prompt payments, they might reduce Trump's debt by ... exactly nothing.
After savoring my daily dose of schadenfreude over TFG’s financial woes, I thought about how TFG’s judgment in the NY civil fraud trial - in which he has to post around $450 million to appeal (including interest) - could benefit E. Jean Carroll in her $83 million verdict in Carroll I, plus her earlier $5 million verdict in Carroll II. Although TFG has already posted the $5 million for Carroll II, he’s going to have a significantly more difficult time with depositing the $83+ million in the Carroll I defamation case, while also depositing the $450 million in the NY civil fraud case. $5 million here, $83 million there, another $450 million: pretty soon, that starts to add up to real money. Unless you happen to have over half a billion in liquid assets laying around, which seems unlikely. 😂
Keeping in mind that TFG has only 30 days from the entry of final judgment in his civil cases to deposit cash or bond in order to appeal the judgements in Carroll I and the NY civil fraud case, I looked up the date of final judgement in Carroll I, which was entered on 2/8/24 (the verdict was rendered on 1/26). Under federal court rules, that means TFG has until Monday 3/11 to deposit the $83 million to appeal the Carroll I verdict. Here is the order of final judgment;
Now, if I’m Carroll’s attorney, Roberta Kaplan, I would be sending over a settlement agreement with the following terms:
1. TFG has to pay $50 million to Carroll within 7 days of signing a settlement agreement, with payment via wire transfer or cashier’s check. The settlement agreement must be signed and payment made BEFORE the $83 million deposit to appeal is due on 3/11.
2. The terms of the settlement agreement are NOT confidential.
3. TFG agrees to drop the appeal in Carroll Ii with prejudice, and not file an appeal in Carroll I.
4. TFG agrees to keep Carroll’s name - or any other references to her - out of his fucking mouth. If asked by a reporter, he is only allowed to say, “I’m not allowed to discuss the case.” This condition is NON-NEGOTIABLE. Any other statements would be subject to a liquidated damages provision.
5. I’d also include the requirement of an apology, but I suspect that won’t happen. The other conditions should be sufficient.
Why would this result benefit Carroll? She’s 80 years old, and would presumably like to enjoy the $ TFG owes her now. Even if her attorneys take a 40% contingency fee (typical for cases that go to trial), she still gets $30 million less expenses. Her attorneys get the other $20 million. Federal appeals in civil cases can take a long time. In the interim, TFG could file for bankruptcy, go to prison, etc. Much better to have the cash in hand now - the same reason Dominion settled with Fox News re: its defamation claim.
Why would this benefit TFG? He pays $50 million instead of the $88.3 million he would otherwise have to deposit with the courts in order to appeal, saving him over $38 million. He could use that extra $ to try and pony up the cash he needs to file an appeal in the NY civil fraud case. He also doesn’t have to pay his shitty attorneys to pursue the appeals, which he could very well lose.
I think this is a win-win, and I’ve no doubt Roberta Kaplan is smart enough to pursue something like that. Sadly, TFG and his current attorneys are probably too dumb to do so.
I don't want PAB to win at anything. I want him to pay the full amount. And he isn't allowed to file for bankruptcy, as his companies have done nine times already. F*ck him.
How about the Hillary Clinton Immigration Center? Housing for newly arrived immigrants and those seeking a better life in our country? Plus she was a US Senator from New York, so it works!
Most civil judgments with an award of monetary relief are also eligible for installment payments. Here, such payments would be enormous and carry costs and interest. Anytime one party wants money and the other side doesn’t want to pay there is an opportunity to negotiate. First, Trump isn’t out of options yet. He can exhaust appeals, which will at least take time and carry a small chance of success or reduction of the award. But, even simply ignoring the judgment and daring the state to collect isn’t a great option for NY. They can probably seize certain property, but I’m guessing Trump has loans and debts against those properties. He can also try to declare bankruptcy or to seek protection for certain assets. $450 million is ALOT of money. But if Trump Org and his PACs and wealthy dictator friends offered $250 million in cash, to be paid within say, 6 months, it’s something to consider, absolutely. But the complexities of a judgment this size and nature of the case are outside my wheelhouse. He certainly lost some leverage by waiting until he lost to attempt a settlement. But NY might not have entertained a quiet payoff, wanting to make an example out of this blatant fraud.
If there's one thing he's learned from this whole trial, it's that you can just value your assets any way you like, as the mood strikes you, and there will never be any adverse consequences.
And then whine that "nobody wants to buy" his tainted trash real estate. Maybe the Saudis or Russians will step in again to launder money with their puppet, Tiny Hands?
As an ex-lawyer — in NY — Donnie could get away with posting a bond for 10% of the final judgment so he can appeal it. Even his ability to get that 10% is questionable. Related: he may have difficulty doing same for the much smaller Carroll judgments.
This situation may account for at least part of the reason he looks like shit and has trouble pronouncing words.
I should add that if he’s returned to office, his means of vengeance against NY for this is extremely limited.
the real world - how does it even work again?
You can guarantee some rich rusky or more likely a 'rab will pony a shit load of money to cover it for a 10sq ft apartment in one of Jared's slums that Donald happened to buy a long time ago.
Trump needs to punished for insurrection and being a spy, asset and traitor. THE MAXIMUM PENALTY. which is?
I'm Lovin' It!
interest continues to compound at about a million a week, so if the gofundme effort were continuous AND made prompt payments, they might reduce Trump's debt by ... exactly nothing.
Ta, Gary. I can smell DJT's fear from here.
[𝘛]𝘩𝘦 𝘈𝘎 𝘤𝘢𝘯 𝘴𝘵𝘢𝘳𝘵 𝘴𝘦𝘪𝘻𝘪𝘯𝘨 𝘩𝘪𝘴 𝘢𝘴𝘴𝘦𝘵𝘴: 𝘩𝘪𝘴 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨𝘴, 𝘩𝘪𝘴 𝘨𝘰𝘭𝘧 𝘤𝘰𝘶𝘳𝘴𝘦𝘴, 𝘩𝘪𝘴 𝘵𝘩𝘰𝘶𝘴𝘢𝘯𝘥𝘴 𝘰𝘧 𝘱𝘰𝘶𝘯𝘥𝘴 𝘰𝘧 𝘩𝘢𝘪𝘳𝘴𝘱𝘳𝘢𝘺 𝘢𝘯𝘥 𝘣𝘳𝘰𝘯𝘻𝘦𝘳, 𝘸𝘩𝘢𝘵𝘦𝘷𝘦𝘳.
Gawd only knows how much ketchup.
"judgement"
Late to the party, but is this really how Trump's lawyer spelled the word?
Perhaps counter-intuitively, it's actually spelled "judgment," which anyone in the legal field ought to know. (sorry if this was covered below)
He would have been lucky to afford the blue chicken lawyer. I guess that’s the results on the future if Repubs keep fuckin’ that chicken!
After savoring my daily dose of schadenfreude over TFG’s financial woes, I thought about how TFG’s judgment in the NY civil fraud trial - in which he has to post around $450 million to appeal (including interest) - could benefit E. Jean Carroll in her $83 million verdict in Carroll I, plus her earlier $5 million verdict in Carroll II. Although TFG has already posted the $5 million for Carroll II, he’s going to have a significantly more difficult time with depositing the $83+ million in the Carroll I defamation case, while also depositing the $450 million in the NY civil fraud case. $5 million here, $83 million there, another $450 million: pretty soon, that starts to add up to real money. Unless you happen to have over half a billion in liquid assets laying around, which seems unlikely. 😂
Keeping in mind that TFG has only 30 days from the entry of final judgment in his civil cases to deposit cash or bond in order to appeal the judgements in Carroll I and the NY civil fraud case, I looked up the date of final judgement in Carroll I, which was entered on 2/8/24 (the verdict was rendered on 1/26). Under federal court rules, that means TFG has until Monday 3/11 to deposit the $83 million to appeal the Carroll I verdict. Here is the order of final judgment;
https://www.documentcloud.org/documents/24414209-order-affirming-trump-defamation-verdict
Now, if I’m Carroll’s attorney, Roberta Kaplan, I would be sending over a settlement agreement with the following terms:
1. TFG has to pay $50 million to Carroll within 7 days of signing a settlement agreement, with payment via wire transfer or cashier’s check. The settlement agreement must be signed and payment made BEFORE the $83 million deposit to appeal is due on 3/11.
2. The terms of the settlement agreement are NOT confidential.
3. TFG agrees to drop the appeal in Carroll Ii with prejudice, and not file an appeal in Carroll I.
4. TFG agrees to keep Carroll’s name - or any other references to her - out of his fucking mouth. If asked by a reporter, he is only allowed to say, “I’m not allowed to discuss the case.” This condition is NON-NEGOTIABLE. Any other statements would be subject to a liquidated damages provision.
5. I’d also include the requirement of an apology, but I suspect that won’t happen. The other conditions should be sufficient.
Why would this result benefit Carroll? She’s 80 years old, and would presumably like to enjoy the $ TFG owes her now. Even if her attorneys take a 40% contingency fee (typical for cases that go to trial), she still gets $30 million less expenses. Her attorneys get the other $20 million. Federal appeals in civil cases can take a long time. In the interim, TFG could file for bankruptcy, go to prison, etc. Much better to have the cash in hand now - the same reason Dominion settled with Fox News re: its defamation claim.
Why would this benefit TFG? He pays $50 million instead of the $88.3 million he would otherwise have to deposit with the courts in order to appeal, saving him over $38 million. He could use that extra $ to try and pony up the cash he needs to file an appeal in the NY civil fraud case. He also doesn’t have to pay his shitty attorneys to pursue the appeals, which he could very well lose.
I think this is a win-win, and I’ve no doubt Roberta Kaplan is smart enough to pursue something like that. Sadly, TFG and his current attorneys are probably too dumb to do so.
I don't want PAB to win at anything. I want him to pay the full amount. And he isn't allowed to file for bankruptcy, as his companies have done nine times already. F*ck him.
𝘰𝘳 𝘛𝘳𝘶𝘮𝘱 𝘛𝘰𝘸𝘦𝘳 𝘨𝘦𝘵𝘴 𝘳𝘦𝘯𝘢𝘮𝘦𝘥 𝘛𝘩𝘦 𝘓𝘦𝘵𝘪𝘵𝘪𝘢 𝘑𝘢𝘮𝘦𝘴 𝘊𝘦𝘯𝘵𝘦𝘳 𝘧𝘰𝘳 𝘒𝘪𝘤𝘬𝘪𝘯𝘨 𝘋𝘰𝘯𝘢𝘭𝘥 𝘛𝘳𝘶𝘮𝘱 𝘏𝘢𝘳𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘕𝘶𝘵𝘴.
𝘖𝘳 𝘸𝘩𝘢𝘵𝘦𝘷𝘦𝘳 𝘴𝘩𝘦 𝘸𝘢𝘯𝘵𝘴 𝘵𝘰 𝘳𝘦𝘯𝘢𝘮𝘦 𝘪𝘵. 𝘞𝘦’𝘳𝘦 𝘰𝘱𝘦𝘯 𝘵𝘰 𝘰𝘵𝘩𝘦𝘳 𝘴𝘶𝘨𝘨𝘦𝘴𝘵𝘪𝘰𝘯𝘴.
How about the Hillary Clinton Immigration Center? Housing for newly arrived immigrants and those seeking a better life in our country? Plus she was a US Senator from New York, so it works!
Please. Let us honor no Clinton.
LMAO at "ambulatory tub of cholesterol Donald Trump"😎
Most civil judgments with an award of monetary relief are also eligible for installment payments. Here, such payments would be enormous and carry costs and interest. Anytime one party wants money and the other side doesn’t want to pay there is an opportunity to negotiate. First, Trump isn’t out of options yet. He can exhaust appeals, which will at least take time and carry a small chance of success or reduction of the award. But, even simply ignoring the judgment and daring the state to collect isn’t a great option for NY. They can probably seize certain property, but I’m guessing Trump has loans and debts against those properties. He can also try to declare bankruptcy or to seek protection for certain assets. $450 million is ALOT of money. But if Trump Org and his PACs and wealthy dictator friends offered $250 million in cash, to be paid within say, 6 months, it’s something to consider, absolutely. But the complexities of a judgment this size and nature of the case are outside my wheelhouse. He certainly lost some leverage by waiting until he lost to attempt a settlement. But NY might not have entertained a quiet payoff, wanting to make an example out of this blatant fraud.
No, let's keep the name you suggest:
"Trump Tower gets renamed The Letitia James Center for Kicking Donald Trump Hard in the Nuts."
I like it.
He'll probably put up some piece of shit property and claim it's worth $450 million
If there's one thing he's learned from this whole trial, it's that you can just value your assets any way you like, as the mood strikes you, and there will never be any adverse consequences.
When you're famous they have to let you
And then whine that "nobody wants to buy" his tainted trash real estate. Maybe the Saudis or Russians will step in again to launder money with their puppet, Tiny Hands?
"Time to get the band back together."