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.
Delay. Delay. Delay.
Your doomer comment makes no sense. This dude is currently fucked. He has to pay $175 million in 10 days
He was supposed to have had to pay ~$500 million today, yet a judge appointed by a Democratic Governor gave him special treatment yet again.
Frankly, your unfounded optimism makes no sense.
He still has to pay the whole judgment. This is just the bond ahead of the appeal.
I believe the law was changed recently to prevent people from appealing and delaying the judgment. So a few years ago, he wouldn’t have had to pay anything right now.
There’s no way property would have been seized and sold by the end of today anyway. So getting $175 million in cash now and $280 million in property in a month is almost the same.
Not particularly, because reducing the appeals bond means that Trump can delay the trial even longer - which is the plan. Pretty much everyone sees that his plan from the beginning has been to push back and delay as long as possible, preferably until he’s either confirmed as the Republican nominee (in which case he can beat the wardrum of “oh this is a political witch hunt, you can’t sue a major political candidate”) or, more preferably, he wins the election, in which case I’m sure the DOJ will move double-quick to find a way for him to not have to pay a cent to anyone.
