KEY POINTS
- Donald Trump should have pledged real estate to the courts if he were “truly unable” to secure a bond, the New York attorney general’s office said.
- Instead, Trump claimed it was “impossible” for him to get a bond using his properties, but did not provide any hard evidence for this, the AG’s office said.
Donald Trump should have pledged real estate he owns as collateral against a $464 million business fraud judgment if he were “truly unable” to secure an appeal bond for that amount, the New York attorney general’s office said in a court filing Wednesday.
Trump also failed to provide evidence supporting his claim this week that it was “impossible” to obtain an appeal bond by using the properties as collateral, a lawyer for AG Letitia James wrote.
“Defendants supply no documentary evidence that demonstrates precisely what real property they offered” to potential insurers," wrote Dennis Fan, senior solicitor general in the AG’s office, in the filing to Manhattan appeals court judges.
Nor did they report “on what terms that property was offered, or precisely why” bond insurers “were unwilling to accept the assets.”
Donald’s creditors are surely huge sacks of shit just like he is. Very delightful to hear they will be losing money when the state of New York claims the asset before they can.
Chubb (who financed Trump’s $100m bond for the E Jean Carrol case)? Yeah, their CEO manages their financing for Russian oil interests and other shady-ass shit. That money was dirty as fuck.
But that’s all he could get, even from them. Maybe Putin doesn’t see Trump worth it any more, lol.