TeamDML offers insights, opinions, podcasts, videos and other forms of content intended to educate and better explain trending news that is made available to the public by third parties. In this particular case, we refer to an excerpt from Breitbart:
New York Attorney General Letitia James on Wednesday requested an appeals court turn down former President Donald Trump’s request to reduce or hold off collecting the bond amount of $454 million to cover a civil fraud judgment.
Trump must post a liquid (cash, securities) bond covering the full amount of the judgment to pause enforcement of the judgment, but 30 surety companies told Trump they would not accept real estate assets as collateral, Trump’s lawyers said Monday.
James could seek to freeze some of his bank accounts and properties if Trump cannot post the $454 million bond. Enforcement against Trump could begin as soon as March 25.
The Associated Press reported Wednesday:
New York state lawyers urged an appeals court Wednesday not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals.
The presumptive Republican nominee’s lawyers said earlier this week that he couldn’t find an underwriter willing to take on the entire amount. But the state is arguing that Trump and his co-defendants didn’t explore every option.
The “defendants fail to propose a serious alternative to fully secure the judgment,” Dennis Fan, a lawyer in the state attorney general’s office, wrote in papers sent to the appeals court.
In a post on his Truth Social account Wednesday afternoon, Trump wrote:
This outrageous “Judgment” simply fails to recognize the COMPLETE VICTORY last year on the Statute of Limitations. The Crooked Judge and Biased Attorney General disregard the Appellate Court ruling, which makes clear that most of the claims fall outside the Statute of Limitations, and none of their absurd arguments change that fact.
Biased, Crooked, and Incompetent Judge Engoron, who should NEVER have presided over this case, completely ignored the fact I ALREADY WON most of this case in the first Appeal. Applying the proper Statute of Limitations wipes out @ $350 Million of the Judgment!!
But they do not care about the Law, the facts, or anything, but tying up my money, and interfering in the Election!! This case should be OVER, but instead, the Attorney General wants to abuse her power to steal my money!!
Fox News host Judge Jeanine Pirro blasted James in a recent segment on The Five.
Jeanine Pirro on #TheFive calls Letitia James trashy after explaining how ludicrous Trump’s bond is:
“No private company has ever been faced with this kind of money.. in order to appeal!
Which, on 8th Amendment grounds of the Constitution, is an excessive fine.” pic.twitter.com/He8iHPBFtU
— Eddie (@ICU1010) March 19, 2024
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The post REPORT: NG AG Letitia James Asks Court to Deny Trump’s $454M Bond Appeal [Trump releases statement] appeared first on Dennis Michael Lynch.
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