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former9thward

(32,121 posts)
22. The court removed some of his restrictrions on doing business.
Mon Mar 25, 2024, 07:06 PM
Mar 25

Such as receiving loans from NY banks. It was not just reduction of the bond. The appellate court has not heard the case and may reduce the judgement or reverse it all together.

In addition to reducing the amount Trump must put up for his appeal bond, the panel also said it would stay other parts of Engoron’s decision. Among other things, the panel said it would block Engoron’s decree that Trump be prohibited from getting loans from any New York financial institution for three years, and his order that Trump’s sons, Donald Trump Jr. and Eric Trump, be barred from serving in a top position at a New York corporation for two years.

Although the appeals court gave no reasoning for its decision, Adam Pollock, an attorney who formerly served as assistant attorney general in New York, said the decision could indicate that it might consider permanently reducing the judgment against Trump on appeal.

“It’s extraordinary because the law is clear that you have to post a bond in the full amount, and it additionally suggests that there may be concern that the underlying judgment is itself excessive,” said Pollock.


https://www.washingtonpost.com/politics/2024/03/25/trump-bond-reduced-new-york-fraud-case/

I agree XanaDUer2 Mar 25 #1
Okay but how common is a bond his original size? All Mixed Up Mar 25 #2
How common is a level of fraud orangecrush Mar 25 #3
Good point! Raven Mar 25 #5
From a non partisan point of view orangecrush Mar 25 #8
What does that have to do with a defamation judgement? AZSkiffyGeek Mar 25 #7
This is the fraud judgement he's appealing. we can do it Mar 25 #9
Oh duh, confusing everything together AZSkiffyGeek Mar 25 #13
Which is why all these comparisons are pointless. All Mixed Up Mar 25 #11
Post removed Post removed Mar 25 #16
Wait WHAT? orangecrush Mar 25 #17
I get it Lurker Deluxe Mar 25 #18
... orangecrush Mar 25 #20
Good point! Raven Mar 25 #4
Gawd da mn 3auld6phart Mar 25 #6
... orangecrush Mar 25 #12
Further proof: J_William_Ryan Mar 25 #10
He still owes the rest of the $454 million judgment FakeNoose Mar 25 #14
a little wiggle room, orangecrush Mar 25 #15
He still owes it FakeNoose Mar 25 #19
Let's put a pin in this for 10 days birdographer Mar 25 #21
The court removed some of his restrictrions on doing business. former9thward Mar 25 #22
Latest Discussions»General Discussion»Trump just got a huge 62%...»Reply #22