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Progressive dog

(6,898 posts)
40. Trump has to put up the money
Fri Feb 16, 2024, 07:08 PM
Feb 16

or he doesn't get to appeal. The state will charge interest, too.
Trump will still have to pay the court, even as appeals go through

Even though Trump is waiting on multiple appeals decisions, he will have to give the court the money to hold on to. If Trump wins any of his appeals, he can get his money back.

Trump has a few options in paying the court. He could pay up everything that he owes now in cash. Or he could try to get an appeal bond, meaning he wouldn’t have to pay all the cash up front in exchange for a premium and putting up collateral.

https://www.theguardian.com/us-news/2024/feb/16/how-will-trump-pay-trial-penalties

He can move operations to Florida and sell the sinking swampy coastlands struggle4progress Feb 16 #1
I don't know the net value... WarGamer Feb 16 #2
Sell Trump Force 1 and fly Spirit Onthefly Feb 16 #3
Not even that valuable... WarGamer Feb 16 #5
It will hurt his ego to sell off his namesake properties. Irish_Dem Feb 16 #20
Yes but he probably doesn't have a choice. WarGamer Feb 16 #23
Exactly. There will be pain. And huge anger. Irish_Dem Feb 16 #24
Not after paying capital gains and who knows if they are mortgage free Clearheadsam Feb 16 #27
The value of the assets is not equal to Trumps value or net worth FHRRK Feb 16 #29
Not according to Michael Cohen VMA131Marine Feb 16 #39
The vermin infested plane barely flies! madinmaryland Feb 16 #45
I don't think that Trump can sell anything in NY state without the permission of the court. Beakybird Feb 16 #4
If they expect a Judgement... I'm sure they will OK sales. Why not? WarGamer Feb 16 #7
Yeah, they can sell their NY real estate, but they can't pocket the money. Beakybird Feb 16 #31
Has to go thru the special monitor. LiberalFighter Feb 16 #18
My thought, too. If he's not able to do business, how can he negotiate and sell property? Deuxcents Feb 16 #26
He has MAL and Doral in Florida, golf clubs in NJ, etc. obamanut2012 Feb 16 #32
Right. Golf course in Scotland, but I thought we were talking about NY properties Deuxcents Feb 16 #36
A New York entity can hold non-New York assets which can be seized for settlement. brooklynite Feb 16 #37
Forbes says he has $400M+ in cash and liquid assets. TwilightZone Feb 16 #6
He always has the bank of Russia. Irish_Dem Feb 16 #22
What is the probability that some lazy fuck/kiss ass at Forbes took trump at his word FHRRK Feb 16 #33
See My Post #35 ProfessorGAC Feb 16 #43
Forbes! LOL! ProfessorGAC Feb 16 #35
That's not the point. TwilightZone Feb 16 #44
Waste Of Time ProfessorGAC Feb 16 #46
He's 100% going to get his rubes to donate to pay Johnny2X2X Feb 16 #8
I heard that the judge extended the independent monitor for three years Clash City Rocker Feb 16 #47
He can't edhopper Feb 16 #9
And you don't think the Court would give permission to sell? That doesn't even make sense. WarGamer Feb 16 #10
Someone else would have to do the deal edhopper Feb 16 #13
Donations. He'll juice his rubes Johnny2X2X Feb 16 #11
Great! He owes 85M for his other civil trial. Voltaire2 Feb 16 #12
He can't liquidate Fiendish Thingy Feb 16 #14
So he asks the Court... if they want a Judgement, they'll let them sell WarGamer Feb 16 #15
Well, if he intends to pay, sure Fiendish Thingy Feb 16 #16
Actually I read the order. The Judge did NOT freeze the companies... WarGamer Feb 16 #17
But the judge also appointed a Compliance Director Fiendish Thingy Feb 16 #19
Compliance Director makes sure Trumps and Weisselberg are no longer directors. WarGamer Feb 16 #21
Ironically, the Judge didn't restrict the BUSINESS itself. WarGamer Feb 16 #25
Trump has to put up the money Progressive dog Feb 16 #40
If They Try That... ProfessorGAC Feb 16 #28
Given the current market for office space in major urban centers, OAITW r.2.0 Feb 16 #30
Kristi Noem Mz Pip Feb 16 #34
I expect him to appeal Progressive dog Feb 16 #38
He will have to come back to NYC for the Stormy Daniels case.... lastlib Feb 16 #41
He can simpy appoint Ivanka or Jared to "run" things Jose Garcia Feb 16 #42
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