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Letitia James gets bad news hidden in Donald Trump's bond
(www.newsweek.com)
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this post was submitted on 10 Apr 2024
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Am I reading this correctly? Is this article claiming it’s bad for James and her case if Trump can’t pay?
If he can’t pay doesn’t it just go back to being as if he never got the bond in the first place? So, she can just go after his assets?
Why is this bad? Did I miss something or is this the weakest motherfucking spin I’ve ever read?
It's bad because if he cannot pay at all, then he cannot appeal.
The idea is that you aren't able to use the appeals process as a stalling tactic, so in order to appeal, you must either set aside the money or secure a bond for the amount.
Trump has done neither. His "bond" isn't a bond at all, because the contract states that the insurer will not be responsible for the judgement amount. His application to appeal should be rejected.
This is patently false. He does NOT need to post a bond in order to appeal. He can absolutely appeal without posting a bond. The only purpose of the bond is to stay enforcement on the judgment.