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Letitia James to Begin Claiming Donald Trump's Properties
(www.newsweek.com)
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this post was submitted on 08 Apr 2024
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So this article speculating a lot and discussing a couple of people who were speculating and discussing on Xitter? Wow this is worthless...
She was going to seize propert if no bond.
This bond came in at the last second.
A bunch of issues were found with the bond.
A court ruled it's not valid.
For some reason that means they have to pay the bond in cash, and trump has to cover the rest of the original?
Has this happened yet? all I've seen so far is the court asked the insurance co for more information, but no outright ruling on the validity.
It's my understanding that new paperwork didn't help anything.
Like, one of the issues was they weren't even licensed in NY, I don't know how paperwork could retroactively make it legal.
But while they can't promise to pay it under bond, they did sign something saying they were good for 175 million. And they don't have it.
So trump failed to post bond, and now they can seize property.
I think
Shits confusing and trump just says anything to delay this stuff. But I think if Knight doesn't cut a check for cash, they seize property up to what they couldn't out of the 175 million. Or maybe somehow the whole amount because he couldn't get the bond.
What's confusing is these articles are written to sound like these things have happened when really it's just a quote from some rando who says these things are likely to happen. The court itself has not ruled on or rejected the paperwork yet. If you can find an article after 4/4/24 that says otherwise I'd love to see it.