In reality what does this judgement actually mean? Does this asshole really owe a combined half a billion dollars? Any lawyer or New York business person know what it means? bwi2 NYGator wes tegg ?
Was maralago the only asset he over inflated? How many assets did he do it with? Anyone know off hand?
Only one month (and no months this year) are 28 days long. That’s actually closer to 3.66 months but I’m not a math major.
Ooof By mid-March, the company will have to answer to a former federal judge, Barbara Jones, who has spent a year serving as the corporation’s outside monitor. She has 30 days to reconfigure her current role. While the company previously had to alert her within two weeks anytime it moved more than $5 million, Jones will now have enhanced powers that put her first in line. "Her observations over the past 14 months indicate that still more oversight is required," Engoron wrote, extending her monitorship for at least another three years. Instead of seeking her forgiveness when they submit any financial documents to an outside entity, the Trumps will have to ask for her permission. That means the Trumps won’t even have the authority to shift around money to fight this massive court order, forcing them to ask Jones for her approval before they can sell assets, borrow money, or strike outside business deals.
Yep. What’s great is that he cannot now claim he doesn’t have that without landing a perjury charge lol.
I think his golf courses are a big part of his laundering operation so I’d imagine those too. Or maybe he keeps his real estate evaluation scheme and his golf course money laundering scheme separate. Aka he’ll run the country like a business and that’s why I’m voting for him.
Would be a shame if he had to sell Mar-a-Lago. edit - Also, it was suggested on MSNBC the entire appeals process would take approximately 18 months. Watch this fuck change his tune about the right to a speedy trial (or appeal in this case I guess).
He don't got that and he won't be able to get a bond. I dont think he can do anything but start selling.
Until he actually has to face any sort of consequences I won’t believe anything will come of anything but for now I’ll be happy knowing this is all because a black man trolled his bitch ass and he couldn’t handle that.
It can't be any company that has a business license in New York which is pretty much every legit financial institution. Its going to be a painful loan or whatever from some shady bank and then it still has to be approved by the judge.
Shockingly my conservative friend doesn’t know anything about this but thinks it’s all bs I wish I could be as unbothered as these people
So, how is this enforced? Is there a due date he has to pay his fines by, or a specific date he has to put up the money for an appeal? I’m assuming he’s just going to ignore it and not pay.
Some jurisdictions you have about 10 days to file a motion for new trial even in a bench trial then about 30 days to appeal. I assume he'll also have to pay post judgment interest in addition to the prejudgment interest.
So what if he just ups and moves his company to Florida and sells whatever he owns in NY to some Russian for a massive premium
A former judge has already been appointed as monitor of his businesses. They cant do shit without her approval.