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Letitia James to Begin Claiming Donald Trump's Properties (www.newsweek.com)

submitted 5 months ago by givesomefucks@lemmy.world to c/politics@lemmy.world

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"But the Trumpian part is that even though, or perhaps because, it may be part of a Trump scam, Knight now too may be on the hook for $175 million as it won't automatically get out from underneath its own proffered surety."

Hankey, a billionaire, has already said that his company will be able to post the money for Trump.

He was reacting to a comment on X by lawyer Dave Kingman, who wrote that Knight will not be able to post the $175 million.

"Understand that Knight Specialty has a problem. This bond cannot be approved. Under the CPLR [Civil Practice Laws and Rules] the surety will remain obligated under the bond until a replacement bond is filed. Trump is unlikely to get a replacement bond. Knight Spec will be liable AND Trump won't have a stay [on enforcement]," he wrote.

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[-] Pretzilla@lemmy.world 22 points 5 months ago

IIRC the judge is giving shithead another 10 days to re-secure the $175M bond so James is no doubt warming up the seizure engines

[-] Viking_Hippie@lemmy.world 4 points 5 months ago

How many times has he gotten an extra 10 days for no valid reason now, is it 2 or 3?

this post was submitted on 08 Apr 2024

343 points (86.4% liked)

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