Trump fears he may have to “sell Great Assets, perhaps at Fire Sale prices”
Former President Donald Trump lashed out at the judge who imposed a $450+ million penalty in his New York fraud case after his lawyers admitted he was unable to secure a bond to appeal the case.
Trump’s lawyers on Monday asked a New York appeals court to stay the enforcement of the judgment in his fraud case, saying it has been impossible to secure a bond necessary to appeal the judgment after approaching 30 different underwriters.
The former president lashed out at the judge on Truth Social after the filing.
“Engoron wants me to put up the ridiculous fine (I DID NOTHING WRONG!) before I get a chance to Appeal his crazed ruling - A first!” Trump falsely wrote. New York law requires a defendant to put up the full judgment amount with interest in order to appeal a civil judgment.
If Trump gets elected again (a not insignificant probability), is there a chance he could just absolve this debt by Executive order as President?
In theory, the way the US was set up as a nation, the Judicial branch of the government and the Legislative branch are supposed to stop things like that from happening.
In practice, bribes talk better than speeches or facts.
They’re state level judgements, so no.
I mean, that would depend on how effectively he could make himself an absolute dictator.