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TFG's NYC assets are subject to seizure if he fails to comply with subpoenas. (Original Post) Swede Dec 2021 OP
Huzzah!1 UTUSN Dec 2021 #1
Indeed! gldstwmn Dec 2021 #64
Get thee to the greatest page malaise Dec 2021 #2
Are they really his? getagrip_already Dec 2021 #3
The State could put a lien on the property Sanity Claws Dec 2021 #5
Exactly... IthinkThereforeIAM Dec 2021 #45
I remember looking at documents of all the companies and who owned each one Laura PourMeADrink Dec 2021 #50
I'm not sure he is worth anywhere near DENVERPOPS Dec 2021 #68
The supers only rule on us consitutional issues and federal laws.... getagrip_already Dec 2021 #72
The fact that it is spelled out DENVERPOPS Dec 2021 #74
scotus invented a pretext........ getagrip_already Dec 2021 #75
I am sure the current justices DENVERPOPS Dec 2021 #76
the scotus majority is evil, but in their own vanity.... getagrip_already Dec 2021 #77
You are probably correct DENVERPOPS Dec 2021 #78
Trump Tower, woo Hoo!! secondwind Dec 2021 #4
Soon to be renamed State of New York Tower C_U_L8R Dec 2021 #7
How about president Joe biden tower instead? getagrip_already Dec 2021 #13
I think I'd like to see it bulldozed! mrsadm Dec 2021 #20
Should turn it into housing for the homeless... Wounded Bear Dec 2021 #22
YES !!! fierywoman Dec 2021 #24
Although I like the idea of bulldozing, I like your idea better, a temp place for homeless people. Escurumbele Dec 2021 #30
Perhaps..... cannabis_flower Dec 2021 #71
Most occupants have purchased or have proper leases, so that would be kind of legally impossible Bernardo de La Paz Dec 2021 #67
Or better yet, DENVERPOPS Dec 2021 #69
NO, NO, NO.....FALSE! brooklynite Dec 2021 #40
But what would New York do with 50,000 cans of Buns_of_Fire Dec 2021 #6
When a state seizes real estate... HariSeldon Dec 2021 #25
So his creditors would be hosed, too! Love it! (Serves 'em right!) nt Buns_of_Fire Dec 2021 #37
Seizure's good bucolic_frolic Dec 2021 #8
He's overdue for a seizure. n/t Harker Dec 2021 #10
......... alittlelark Dec 2021 #18
I see what you did there. BobTheSubgenius Dec 2021 #43
Any sort would do. Harker Dec 2021 #46
Fully agree!! BobTheSubgenius Dec 2021 #73
Ahahahahaha! ShazzieB Dec 2021 #62
When is he supposed to comply? tavernier Dec 2021 #9
January 7th. gab13by13 Dec 2021 #11
Thanks tavernier Dec 2021 #12
But what if they are technically not owned by him, but by an LLC, or other Corporate entity? Fla Dem Dec 2021 #14
Trump Organization is going to be out a ton of money. gab13by13 Dec 2021 #17
Do they actually have a ton of money? C_U_L8R Dec 2021 #56
Trump is between a rock and a hard place, gab13by13 Dec 2021 #15
Let's not forget that Letitia has 67 indictments secondwind Dec 2021 #16
For those who believe she can't make Trump do anything, gab13by13 Dec 2021 #19
Oh Really?!!!!! Wow! Marking that date. Terrific News msfiddlestix Dec 2021 #58
Is that before or after she runs for governor after her takedown of Andrew Cuomo? gldstwmn Dec 2021 #65
I've seen that figure elsewhere on DU. Credible link? Bernardo de La Paz Dec 2021 #66
I like it. twodogsbarking Dec 2021 #21
NY AG has more power than all of congress...wow spanone Dec 2021 #23
Royally fucked up. Isn't it? Takket Dec 2021 #49
YEP 👍🏼 spanone Dec 2021 #60
Justice is not revenge. multigraincracker Dec 2021 #26
Hallajoha Botany Dec 2021 #27
That would be almost better than jail! Lucky Luciano Dec 2021 #28
Hmm, how about that AND jail? I think that would be fair... Escurumbele Dec 2021 #33
A few months of poverty first, FoxNewsSucks Dec 2021 #47
I've thought about that question you posed. Dan Dec 2021 #53
He needs to end up living in a cardboard box on a sidewalk in the Bronx. pecosbob Dec 2021 #59
I bow to Letitia James! rurallib Dec 2021 #29
I can imagine this, gab13by13 Dec 2021 #31
Letitia James, if you either drag TFG into court or seize his property, I don't want you NCjack Dec 2021 #51
If she takes down Trump after wnylib Dec 2021 #63
Awe$ome !! TeamProg Dec 2021 #32
This is going to get Very interesting peggysue2 Dec 2021 #34
For several years I've been saying that I hope the seize trump tower and convert it.... George II Dec 2021 #35
From the thread... orangecrush Dec 2021 #36
That's great, but how many does he actually own TexasBushwhacker Dec 2021 #38
Will _rump attempt to mobilize his Militia? KS Toronado Dec 2021 #39
PLEASE! Make it so!!!!!! calimary Dec 2021 #41
He will get away with it. twodogsbarking Dec 2021 #42
He is not getting away from Tisha. gab13by13 Dec 2021 #48
I so hope you are right and I am wrong. twodogsbarking Dec 2021 #55
I did NOT know that! dchill Dec 2021 #44
They can melt down his gold toilet seats IronLionZion Dec 2021 #52
Is this true in all states or something specific to NY ? MichMan Dec 2021 #54
That warms the cockles of my heart. greatauntoftriplets Dec 2021 #57
Seize his fat assets Blue Owl Dec 2021 #61
Believe it when I see it Sherman A1 Dec 2021 #70

getagrip_already

(14,750 posts)
3. Are they really his?
Fri Dec 10, 2021, 10:12 AM
Dec 2021

They are likely spread out across multiple shell companies. Getting a seizure order would be difficult and complex.

Besides, the few big assets out there are under water; he owes more than they are worth.

My guess is the bulk of his liquid assets are offshore and untouchable. Losing trump tower wouldn't mean much financially.

Sanity Claws

(21,848 posts)
5. The State could put a lien on the property
Fri Dec 10, 2021, 10:21 AM
Dec 2021

Until ownership could be determined. I imagine a dispute concerning ownership would involve more documents and depositions. Sounds good to me.

 

Laura PourMeADrink

(42,770 posts)
50. I remember looking at documents of all the companies and who owned each one
Fri Dec 10, 2021, 12:54 PM
Dec 2021

I think it was part of his election financial disclosure.

DENVERPOPS

(8,820 posts)
68. I'm not sure he is worth anywhere near
Sat Dec 11, 2021, 05:10 AM
Dec 2021

what he has been telling us. Any assets he does have, are stashed away in some off shore country. I suspect most of his real estate holdings are leveraged to the point where his investment is minimal.

Does the Supreme Court have the ultimate say after the NY rulings????????????? I am sure Trump thinks so. Maybe that is the reason he located in Florida to continue his scheming and grifting??????????

getagrip_already

(14,750 posts)
72. The supers only rule on us consitutional issues and federal laws....
Sat Dec 11, 2021, 11:45 AM
Dec 2021

I think anyway. They would have to find some us constitutional issue to use as a pretext.

I'm not sure one exists unless they try to seize assets outside of nys.

But again, nys could only seize trumps own assets; not those of the trump corp beyond trumps ownership in it. And trump corp is a hall of mirrors. For all anyone knows, they don't even own the holding company that holds the holding company that owns the holding company that owns a piece of trump tower any longer. It is mostly condo''s anyway, so what would you seize?

DENVERPOPS

(8,820 posts)
74. The fact that it is spelled out
Sat Dec 11, 2021, 02:52 PM
Dec 2021

in the Constitution what the USC CAN and CAN'T rule on didn't make much difference in their corruption of installing WBush instead of Gore.

Constitutional lawyers have told me that the USC had absolutely, positively no right to do that. It was a state's rights issue and Florida should have followed their guidelines in allowing the re-count to continue despite what the USC ordered.......
Several large legal colleges investigated the issue after the fact, and as I recall, they agreed that it was a state's right issue, the USC had no legal standing to intervene, and that if the re-count had continued, their investigations all concluded that Gore would have won.......

That fiasco should have been the final wake up call to the entire nation...................

getagrip_already

(14,750 posts)
75. scotus invented a pretext........
Sat Dec 11, 2021, 03:08 PM
Dec 2021

That the recount would cause a constitutional crisis by delaying certification.

It was bs, but that was what they used. They also cya'd themselves by stating the decision could not be used as precedant for any other purpose.

So yeah, they can invent something, but it would be a stretch.....

DENVERPOPS

(8,820 posts)
76. I am sure the current justices
Sat Dec 11, 2021, 03:22 PM
Dec 2021

will soon revisit their statement about them not using any decision by them as a precedent........LOL

It is the Wild Wild West in America, folks......anything goes. The Republicans completely threw out the U.S. Constitution and any Rule of Law that existed once Trump was installed........

If we each had a dollar, for every time someone in the past four years said: "They Can't Do That", all of us would be zillionaires.....
I think we have to realize that we don't know a ten thousandth of what they did in the shadows, and is still lurking out there........

getagrip_already

(14,750 posts)
77. the scotus majority is evil, but in their own vanity....
Sat Dec 11, 2021, 07:22 PM
Dec 2021

They will pervert the constitution and laws for their own twisted religious logic to be sure, but I really don't think they have a desire to protect tfg in any ugly ways.

I don't think even duff-man likes him very much. And it wouldn't move them any closer to their goals to protect him.

They might slow walk a decision, but so far at least, they haven't thrown him any wins. And they had a lot of opportunities clearly in their wheelhouse.

I don't even think they will protect him on the jan 6 docs (unless they somehow implicate the whiter thomas).

Nope, tfg probably won't get any lifelines on his ny troubles from scotus.

One caveat might be that if he really does become the qop candidate of record, they could rule that a stay is warranted until after the election. Just to keep things "fair".....

DENVERPOPS

(8,820 posts)
78. You are probably correct
Sat Dec 11, 2021, 11:10 PM
Dec 2021

But, I have given up betting on anything, no matter how wild or crazy or un-thinkable.

Then again, I have to believe that the Republicans want to be rid of Trump, but retain the Republican allegiance of Trump's voters.....
It would be in their interest to have Trump trashed by the Democrats.......and be rid of him......he has served his purpose.....

Escurumbele

(3,392 posts)
30. Although I like the idea of bulldozing, I like your idea better, a temp place for homeless people.
Fri Dec 10, 2021, 11:27 AM
Dec 2021

And hopefully expanded to train those people on skills that can help them get back on their feet.

Carpentry, electrical, plumbing, auto mechanics, etc.

The restaurant can be cleaned of cucarachas and rats, and made into a tech academy where the homeless can attend classes.

cannabis_flower

(3,764 posts)
71. Perhaps.....
Sat Dec 11, 2021, 08:31 AM
Dec 2021

The first floor could have retail shops and restaurants employing formerly homeless people. The second and third floor could house a training center and the upper floors could be housing for formerly homeless or the poor.

Bernardo de La Paz

(49,001 posts)
67. Most occupants have purchased or have proper leases, so that would be kind of legally impossible
Sat Dec 11, 2021, 05:02 AM
Dec 2021

I am not a lawyer.

brooklynite

(94,541 posts)
40. NO, NO, NO.....FALSE!
Fri Dec 10, 2021, 12:13 PM
Dec 2021

Trump Tower is NOT owned by Donald Trump. It is a condominium. He own his apartment and offices and has the naming rights; the most that would happen is that the State would up his units up for sale.

Buns_of_Fire

(17,175 posts)
6. But what would New York do with 50,000 cans of
Fri Dec 10, 2021, 10:22 AM
Dec 2021

Metallic Gold RustOleum? That's probably the only thing he has that isn't mortgaged to the eyebrows.

HariSeldon

(455 posts)
25. When a state seizes real estate...
Fri Dec 10, 2021, 11:02 AM
Dec 2021

...the liens don't go with it! Trump would still owe the money, but the collateral is gone! The fallout for those who lent to such a grifter is delicious.

BobTheSubgenius

(11,563 posts)
73. Fully agree!!
Sat Dec 11, 2021, 01:08 PM
Dec 2021

Perhaps I'm feeling expansive because of the approach of the non-sectarian festive occasion, but I'm loosening my standards somewhat.

tavernier

(12,388 posts)
9. When is he supposed to comply?
Fri Dec 10, 2021, 10:25 AM
Dec 2021

Sorry for sounding stupid but I have been without Internet for three weeks and I’ve missed a lot of stuff because out here in the country when you lose your Internet you also lose your TV.

Fla Dem

(23,666 posts)
14. But what if they are technically not owned by him, but by an LLC, or other Corporate entity?
Fri Dec 10, 2021, 10:39 AM
Dec 2021

If he is only listed as the CEO, then can they really be seized? I don't know how this works, but it seems to me at some point Trump would have taken steps to keep his business separate from him in a legal sense just so this wouldn't happen. Or so if someone sued him they couldn't go after his assets.

C_U_L8R

(45,002 posts)
56. Do they actually have a ton of money?
Fri Dec 10, 2021, 01:53 PM
Dec 2021

It may be that what money they got is buried deep in the banks of Cyprus and other nefarious places

gab13by13

(21,337 posts)
15. Trump is between a rock and a hard place,
Fri Dec 10, 2021, 10:40 AM
Dec 2021

he can plead the 5th in James' civil suit, but boy would that be bad optics for him, plus that can be used against him in the civil trial. Pleading the 5th can't be used against him in a Cy Vance criminal trial if that ever happens. The Tish James civil trial is not complicated, she has the documents, she already has the case against him, she doesn't need him to appear for a deposition. In a civil trial she doesn't have to prove intent. The Trump organization could stand to lose hundreds of millions of dollars.

As far as Trump Tower goes, I'm not sure that it is even one of the properties being investigated. If it is we all know that the Saudis bought a boat load of floor space there to keep it in the black.

gab13by13

(21,337 posts)
19. For those who believe she can't make Trump do anything,
Fri Dec 10, 2021, 10:47 AM
Dec 2021

she forced Eric Trump to testify. As I said, she doesn't need Trump's deposition, she has the documents. signed, sealed, and delivered.

I am sure that Trump's lawyers do not want him to testify any where, any place, any time. The guy is a compulsive liar, he cannot help himself. I am sure that his lawyers would rather have Trump just plead the 5th to everything from the deposition.

multigraincracker

(32,675 posts)
26. Justice is not revenge.
Fri Dec 10, 2021, 11:13 AM
Dec 2021

This is not a witch hunt, it is a court case, if anyone ask. If he can produce evidence of his innocence, he will have a chance to produce it.

Escurumbele

(3,392 posts)
33. Hmm, how about that AND jail? I think that would be fair...
Fri Dec 10, 2021, 11:34 AM
Dec 2021

The SOB has to pay for all the damage he has done to this country and the World. It is amazing how one stupid man has created so much anxiety around the World, it can only happen because it is the USA, if it were a small insignificant country people would not be paying attention.

People know that were the USA to become a totalitarian regime, George Orwell's "1984" will become a reality for the entire World, although I do believe if republicans are able to begin their totalitarian dream that we will have a civil war, the BIG QUESTION is, which side will the military take?

Dan

(3,561 posts)
53. I've thought about that question you posed.
Fri Dec 10, 2021, 01:12 PM
Dec 2021

My thinking is that if it appeared that the U.S. was going to devolve into a Civil War because the civilian authorities had loss control, we would have a military coup. There is too much at stake to let the nation have a conflagration - both domestically and internationally.

I think the real powers (civilian and military) would move behind the scenes in some cases to ensure that some of our public leaders would disappear (suicide, airplane crashes, car accidents, gunshots - much like the USSR used to do) and the media (FAUX, personalities, etc.,) would quickly fall into line. Maybe State control of the media for a defined limit (forever) of time. By controlling the messaging, the nation would cool down. And the figures that led up to the abyss would be dead or dying.

So, ultimately we might approach the cliff, but we won’t fall over - but there will be a rash of deaths in the highest ranks of our society, with various collateral damage with the knuckleheads.

My opinion.

gab13by13

(21,337 posts)
31. I can imagine this,
Fri Dec 10, 2021, 11:32 AM
Dec 2021

having a smart, strong, black woman take Trump down must have a negative effect on his mental and physical well being. I won't laugh because karma, tee hee.

NCjack

(10,279 posts)
51. Letitia James, if you either drag TFG into court or seize his property, I don't want you
Fri Dec 10, 2021, 01:00 PM
Dec 2021

for governor of NY.

I want you for president of USA.

wnylib

(21,449 posts)
63. If she takes down Trump after
Sat Dec 11, 2021, 01:15 AM
Dec 2021

having already taken down a 3 term governor, she will be able to run for just about anything she wants. With a legal talent like hers, though, it would be a great loss to the legal profession if she went into anything else.

peggysue2

(10,828 posts)
34. This is going to get Very interesting
Fri Dec 10, 2021, 11:39 AM
Dec 2021

And fast. If there's one thing Trump values above all else it's money. Threaten his assets and the AG has effectively boxed Herr Hairpiece in the corner.

Popcorn time!

George II

(67,782 posts)
35. For several years I've been saying that I hope the seize trump tower and convert it....
Fri Dec 10, 2021, 11:44 AM
Dec 2021

....to the world's tallest homeless shelter.

KS Toronado

(17,231 posts)
39. Will _rump attempt to mobilize his Militia?
Fri Dec 10, 2021, 12:06 PM
Dec 2021

Like he did Jan 6th? We know he'll be screaming unfair political witch hunt.

MichMan

(11,920 posts)
54. Is this true in all states or something specific to NY ?
Fri Dec 10, 2021, 01:27 PM
Dec 2021

Did not know this was done. I would have thought it would result in a criminal penalty, not civil.

If someone ignores a subpoena, the state has the right to seize everything anyone owns ? Are there any limits?

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