If former President Donald Trump posts the money, it will prevent the state from seizing his assets while he appeals.
A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.
If he does, it will stop the clock on collection and prevent the state from seizing his assets while he appeals.
A couple of important details that got overlooked.
Don Jr. and Eric Trump do not have to put up the $5 million each that they were fined. Those collections are being paused as well.
The restrictions against Don Jr. and Eric Trump that would prevent them from running the business for 3 years has been lifted.
So much for that accountability. Can't wait to hear about the entire judgement getting tossed because an appelate judge decided that the Susan Collins rule of "He learned his lesson, and he pinky swears it won't happen again" applies.
It's fucking ridiculous. Anyone else would be in prison by now. This guy just gets to run out the clock because everyone in the justice system is too afraid to look biased.
Districts have to beef up security when the DA makes a press briefing. Judges are receiving hundreds of death threats and have to hire their own security. Law clerks and random employees being dragged into it and threatened because trump thinks they're an easy target. Random low level officials having their lives ruined because they were randomly targeted. This is the life of trying to hold trump to account. Government officials admitting being unwilling to vote, speak out, or take action against him out of credible threats of retribution from lone wolf meth heads.
Given the political powder keg this country is currently in, it's not surprising that there are few judges out there willing to pull the trigger and risk having to go into hiding for their own safety versus just giving him what he wants and washing their hands of the whole thing, which seems to be the current game plan for most judges.
I also predict he will COMPLAIN about this gift on truth social, saying they should have reduced it to Zero. Spitting right in the faces of those judges that just gave him the gift.
Honestly, considering he stated on Truth Social that he had 500M on hand, which he was absolutely NOT going to pay his bond with, I would've denied his appeal on that alone.
Yeah. NY will hold you without trial for three years on suspicion of stealing a backpack. But defraud the state of millions in taxes for years and there are zero consequences.
Did the judge by any chance suddenly get $20 million richer?
How is this not corruption? All lawyers I've heard, say you need to put down the full amount. Are they ALL wrong?
This is NOT corruption and Mr. Trump did NOT BRIBE the judge as you are suggesting. The judge is honorable and just and made the announcement out of his own good graces. He even pushed back a flight on his new private jet for a trip he had planned for the christening of his new yacht JUST TO MAKE THIS ANNOUNCEMENT. You people are all just jealous and desperately looking to find some dirt where there clearly isn't. SAD!
It's full amount to stop the state from beginning to seize assets yes, but his appeal can continue either way. I thought I read/heard that the appellate court did not have the power to do anything with judgements though, other than upheld/overturned. Now I have something to research.
He's going to take every single Republican controlled state in the general. They'll just announce that he won despite what the polls say and if it gets to SCOTUS they'll pull another Bush v. Gore.
ONCE AGAIN, Donald Trump is treated with the kid gloves by the courts. Inconceivable. On the day the judgement was to be collected, Trump gets an absolute boon from the heavens above with a 10 day extension and a bond requirement of less than half of the original sum? For what reason? Trump defrauded the American people. He does not deserve special treatment.
Well, he did say that there is a two tiered justice system. Here is the proof that there is. I challenge any MAGA believer to attempt HALF what this guy has done and see if they get the same treatment as him. Go on, I'll wait
5 days ago I was downvoted for saying this would happen. Yet here we are.
Expect this judgement to get appealed and tossed completely. They can't do it all in one go as that's too obvious. Doing a slow roll. Randomly extending the deadline and slashing the bond amount is just the first step. Expect more. Each time easing up even more on Trump.
I don’t really have any faith in the court system anymore. Why should anyone? They control neither the purse nor the sword, and yet unqualified political stooges can dictate policy.
Imagine if we did the same for engineers or doctors. “Hey, my completely unqualified buddy gets to design a bridge, and if it falls down and kills people it is their fault!” It’s ridiculous.
There's no reason to toss the judgement and the appeals court is a NY State Court. Every single judge has been appointed by a Democratic Governor.
The Court of Appeals consists of seven judges: the Chief Judge and six associate judges who are appointed by the governor and confirmed by the state senate to 14-year terms
There are no legal problems with the case against Trump, and his lying about property values is well documented. They are definitely not going to vacate the judgement.
Your doomer comment makes no sense. This dude is currently fucked. He has to pay $175 million in 10 days, and the rest when the appeals court boots the case. This is clearly bad for him. He should get it over with (if he can), stay out of court, and campaign for president. There's so many court cases coming that he will have to cancel his rallies, because of time and money constraints.
There are no legal problems with the case against Trump, and his lying about property values is well documented. They are definitely not going to vacate the judgement.
How many times have we heard this already? "They're not going to do the thing. If they do the thing, that's just a bridge too far even for them. Not even they will do the thing to protect Trump."
Courts: does the thing.
Lawmakers: do the thing.
GOP voters: do the thing.
Trump: gets away with it.
Everyone else: Surprisedpicachu.jpg
Trump is facing 91 counts in four criminal trials:
A hush money case where Trump is in little legal peril, is based on shaky legal theory, and puts him at no political risk. And the DA has already caused two delays with their handling of their own evidence.
A RICO Case in Georgia, by far the most important criminal case in the country and easily the most important case in Fani Willis' career, and she throws the entire case into jeopardy because she cannot keep her personal and professional life separate. (I am not admonishing her for her personal life choices or actions, but when you have a case of this importance to both the nation and your personal career against this defendant, then you should be doing nothing to even give yourself a sniff of conflict of interest, impropriety, or ethics concerns.)
A stolen documents case in Florida being overseen by a judge who was appointed by Trump, has already repeatedly overstepped her authority to run interference for Trump, has deferred to Trump at every step of the case so far, and has openly stated her intentions to dismiss the case after jury selection has begun so double jeopardy attaches and the dismissal can't be appealed.
A Jan6 case in DC that is currently on indefinite hold while the Supreme Court (3 of which were appointed by Trump himself) decides to wait a couple of months before ruling on whether or not Trump is an absolute dictator that is above the law and I wish I were making that up.
Where's the accountability? And when (not if, when) the $464m award gets tossed out because fuck you thats why, will you continue to believe Trump will ever be held accountable for his actions? Because we have 8 years and counting of history to show that the answer to that question is "No", and those who are responsible for that accountability seem gleefully willing to bend over backwards to avoid giving it to him.
Until the day I see either Trump or Mar-A-Lago slapped behind a padlock, I will continue to refuse to believe he will ever be held to account.
He has to pay $175M in 10 days. For now. That could get extended. Or reduced. Or both. No reason to assume he'll be held to that now. All evidence points to it being reduced or extended again.
It's almost guaranteed that we will be back here in 10 days and he will be crying he can't secure the 175 million dollar bond either. It's not that insurance companies won't write a bond that high, it's that they are finally coming around to the fact that he is going to fuck them over no matter what.
Isn't that just the way? It's okay if it's behind the scenes, in fact: it's preferable. Then, instead of losing a ton of money as a result of this being public knowledge, you quietly bury it so you don't look stupid.
For anyone in the same mood as I am today, I think I'll rent The Beekeeper later, where Jason Statham kills scores of evil motherfuckers, because they drove his friend to suicide. It is a very cathartic and satisfying film, and trust me when I say the themes are very relevant.
Imagine a black dude who had a bit of weed on him and his bond is 10k and he's like: okay, what about a cool 1k, because i'm obviously not paying anyway.
Are americans really surprised why the rest of the world doesn't take them seriously?
He yells out in the court about how rigged the system is against him and the judge is just like, "Now, now, try to behave a little better, okay!? Just let me know if you can't come up with the full amount! Love you, boo!"
Its worse, now he can get someone else, some idiot sucker to post the bond for him, and he'll never pay a dime on this. He will tie the appeal up in courts for a decade and be long dead before ever paying anything.
Just don't pay for shit ever again. I'm not. Until America wants to be truly equal for all I'm just gonna start emulating these people and taking what I want. Which makes me realize most of the things I buy is stuff I need, not want. So its still not even on the same level because these people have their needs met while I'm starving with teeth falling out my face.
The fuck do they mean an appeals court ruled on this, the 454 million was the appeal, the bond required to be posted to appeal the ruling. No other courts have jurisdiction over this shit, ignore that illegitimate court.
Asking the Court to Stop Enforcement of the Judgment: Filing a Notice of Appeal does not stop or stay the winning side from taking steps to collect or enforce the judgment from the lower court. To put the collection on hold, you may have to ask the court for a stay. You may have to pay an amount of money equal to the judgment amount, called an undertaking, to the court while the appeal is being decided.
The court judge ruled that he did need to pay the amount while the appeal is being decided. Not sure where the pay a portion came from other than the appealate court's ass.
Which is why I went to look for an answer, because I was under the impression the Appellate Court couldn't alter his judgement amount for appeal. That would need to be approved by only the Judge deciding the judgement. And that judge so no.
And the appellate court website states:
To put the collection on hold, you may have to ask the court for a stay.
I know people have compared Taylor Swift's ability to pay, but whatever happened to Faux news and their almost billion dollar judgement? Did they manage to have the the cash? Thought Donnie was supposed to be personally wealthy which should make it easier to pull cash out his ass without having to consult a board or whatnot...
My optimistic side believes this is the courts humiliating him by publicly demonstrating that he is not an actual billionaire. They're aware that he has no ability to pay half a billion, and they want as much as they can actually get from him.
The thing people forget, half of NY's "real estate moguls" probably commit the same fraud, perhaps to a lesser extent and Broke Don was just caught with his pants down. But those business folk are of course whispering everywhere that this ruling could bankrupt NYs real estate market...
I do find it rather strange how it is worded "an appeals court has decided" ... so is this ANOTHER appeals court that is meddling with the court case of the original court and the upcoming appeals court?
Or are/will these be the same folks who will decide on the coming appeal case?
If the latter I will start assuming they'll throw the judgement out on a technicality ("the business in question is now located in Florida so there is no jurisdiction in NY" Or something lame like that)
Also it is unclear to me what their decision is based on, if the law states that on appeal a bond for the full amount needs to be met, how can they lower it just like that? Especially since Broke Don claims to swim in Billions of dollars...
I can see the REASONING of wanting to lower it but I would think the law does not give leeway on it.
I could only think of just allowing a seizure of the assets but blocking them from sale while the appeal goes up, that seems a lot fairer than what they did here.
Frankly I am stunned how more and more explicit the justice system is openly breaking the US laws just to keep Broke Don in the saddle... is there anyone who can really stop them doing that?
Meanwhile I will not be surprised if the appeal for this case, and others will just get delay stacked on delay until well beyond the elections, probably stuffing it all in 2025.
This under the feared and silent assumption the dictator from day 1 will have his Golden Throne from which he will excrete his decrees of revenge under his claimed full authority, impunity and immunity.
The law doesn't matter, it doesn't enforce itself.
The judges wanted it lowered for reasons, and so they lowered it.
The entire system is a lot more about people than most want to admit. The magic words on a page somewhere only exist to serve those in power, never to force them to do something they don't want to do.
There was no way anybody was going to let him sell his properties in a fire sale with commercial real estate being in such a precarious position already.
Trump’s lawyers had pleaded for a state appeals court to halt collection, claiming it was “a practical impossibility” to get an underwriter to sign off on a bond for such a large sum.
James, a Democrat, told ABC News last month that if Trump doesn’t have the money to pay, she would seek to seize his assets and was “prepared to make sure that the judgment is paid.”
As Trump arrived Monday at a different New York court for a separate hearing in his criminal hush money case, he didn’t respond to a journalist’s question about whether he’d obtained a bond.
“Finding buyers for assets of this magnitude is something that doesn’t happen overnight,” he said, noting that at any ordinary auction, “the chances that people are going to be able to bid up to the true value of the property is pretty slim.”
Trump’s debt stems from a monthslong civil trial last fall over the state’s allegations that he, his company and top executives vastly puffed up his wealth on financial statements, conning bankers and insurers who did business with him.
Trump and his co-defendants denied any wrongdoing, saying the statements actually lowballed his fortune, came with disclaimers and weren’t taken at face value by the institutions that lent to or insured him.
The original article contains 894 words, the summary contains 214 words. Saved 76%. I'm a bot and I'm open source!
At what point can we start rioting. The game is so fucking rigged and they are not even trying to pretend anymore. I’m ready to burn this shit to the ground.