04-04-2024, 07:29 PM
This raises an interesting question. If it turns out that Trump did not actually post the bond because his agent did/does not have the money, then does this invalidate his right to ever post bond? Can the New York AG immediately begin to confiscate Trump properties, based on the failure to post bond by the official time limit?
And also of interest: The appeals court reduced the bond level, but did not say anything about the verdict itself. If there is no bond, can the New York AG confiscate $465 million worth of property, because that is the level of the verdict? Would this be unwise because the appeals court has subtly signaled that maybe $465 million is too high, and maybe $175 million is a more likely verdict after appeal?
And even more subtle: Would Trump's failure to post bond have any effect on how much lower the appeals court will reduce his verdict? Will the treat his failure to post bond as fait accompli, and treat the $175 million as just the starting amount from which to consider how high the verdict will go?
And also of interest: The appeals court reduced the bond level, but did not say anything about the verdict itself. If there is no bond, can the New York AG confiscate $465 million worth of property, because that is the level of the verdict? Would this be unwise because the appeals court has subtly signaled that maybe $465 million is too high, and maybe $175 million is a more likely verdict after appeal?
And even more subtle: Would Trump's failure to post bond have any effect on how much lower the appeals court will reduce his verdict? Will the treat his failure to post bond as fait accompli, and treat the $175 million as just the starting amount from which to consider how high the verdict will go?