New York AG asks judge to fine Trump $370M and bar him for life from NY real estate industry

Sources say that the judgment is coming on Friday, "barring unforeseen circumstances."

a reply to: Threadbarer

Trump ordered to pay $355M in New York fraud case

Link

Link to Judgement

Link

Cannot wait for this appeal.

a reply to: matafuchs

Not a bad haul for NYC.

It only cost the taxpayers afterall and they'll see none of that anyway.

a reply to: matafuchs

They are also barred from doing business in the state for three years. On top of the previous ruling from the summary judgment.

a reply to: matafuchs

Wow. I can't wait for the appeal, either.

But, his success rate in legal proceedings, doesn't bode well for him, does it?

Wonder if he will fire his legal team? Again?

a reply to: Oldcarpy2

The answers to your questions will be answered after the elections.....

I mean, that's the entire point afterall.

a reply to: Threadbarer

Still plowing through the 90 odd page judgment.

But the word "coruscating" comes to mind.

a reply to: JinMI

Doesn't he have to pay or get a bond (expensive) within 30 days, regardless of any appeal?

a reply to: Oldcarpy2

I don't know.

Yet I think it stands to reason that ALL proceedings will be directly out of Trumps pocket.

originally posted by: JinMI
a reply to: Oldcarpy2

I don't know.

Yet I think it stands to reason that ALL proceedings will be directly out of Trumps pocket.

ETA:

This is a civil trial. No bond unless you're speaking to something other than criminal bond.

originally posted by: Threadbarer

They are also barred from doing business in the state for three years. On top of the previous ruling from the summary judgment.

While Trump is President for 4 years one would think he should retire after that.

originally posted by: Oldcarpy2
Doesn't he have to pay or get a bond (expensive) within 30 days, regardless of any appeal?

It would be long after he is dead before the money is paid IF every appeal is overruled.

a reply to: JinMI

Oh. Right. I'm not expert in US law


So, will he seek a stay of enforcement pending any appeal?

Will the appeal be against the finding of civil fraud or just the amount of the "fine"?

a reply to: Oldcarpy2

He has to pay the full amount to appeal this case and the Carrol case.

It's worse for Trump than the $355-million judgment implies...With pre-judgment interest, Trump is looking at something more like $450 million.

a reply to: Oldcarpy2

He's stated he would be appealing (that's how transparent the corruption is).

If memory serves, he is not required to pay while under appeal, court costs may not apply here, I'm not certain and I'm not a legal expert nor lawyer.


I don't know what the appeal will be on but I imagine it will be the entire thing.

a reply to: matafuchs

New Yorks loss. I think Musk is moving his HQ out also.

a reply to: Oldcarpy2

Yes he will need to post a bond if he appeals. Same goes for the E. Jean Carroll case.

a reply to: Threadbarer

Thought so.

a reply to: JinMI

In a civil case where you're ordered to pay out monetary damages you have to pay a percentage of it towards a bond before you can appeal. If you win your appeal you get the money back.