On Thursday, New York’s lunatic attorney general Letitia James initiated the process of seizing Trump’s assets after his attorney mentioned his inability to obtain a bond for appealing the significant judgment in the NYC fraud case.
Letitia James filed judgments in Westchester County, where Trump’s private estate and golf course are located.
President Trump has four days to either settle the judgment or persuade the appellate court to grant a postponement of the payment pending appeal.
In response, Trump’s attorneys countered with a court filing on Thursday.
“By demanding an undertaking in the full amount of the judgment in order to appeal, the Attorney General and Supreme Court have sought to impose a patently unreasonable, unjust, and unconstitutional (under both the Federal and New York State Constitutions) bond condition,” Trump’s lawyers wrote.
CNN reported:
The New York attorney general’s office has filed judgments in Westchester County, the first indication that the state is preparing to try to seize Donald Trump’s golf course and private estate north of Manhattan, known as Seven Springs.
State lawyers entered the judgments with the clerk’s office in Westchester County on March 6, just one week after Judge Arthur Engoron made official his $464 million decision against Trump, his sons Donald Trump Jr. and Eric Trump, and the Trump Organization.
Entering a judgment would be the first step a creditor would take to attempt to recover property. Additional steps, such as putting liens on assets or moving to foreclose on properties, or taking other actions in court would follow, if the asset is going to be seized.
The judgment is already entered in New York city where Trump’s properties including Trump Tower, his penthouse at Trump Tower, 40 Wall Street, his hotel abutting Central Park, and numerous apartment buildings are located.
Again, even as New York Attorney General Letitia James' office has filed judgments in Westchester County, Trump’s golf resort and private estate, a first step to seizing his assets, here is again a summary of how unfair that case is. I don’t think most people know. WATCH pic.twitter.com/RWgqoYclq7
— Simon Ateba (@simonateba) March 21, 2024
In a court filing on Monday, President Trump’s attorneys revealed that he has been unable to secure a bond for appealing Letitia James’ $454 million judgment.
According to NBC News, Trump’s lawyers said Trump’s “ongoing diligent efforts have proven that a bond in the judgment’s full amount is a practical impossibility,” adding that these efforts included approaching around 30 surety companies through four separate brokers.
Letitia James initially sought $370 million in damages in the fraud case that has no victims. Additionally, she sought to bar Trump and his sons from conducting any business operations in New York. James accused Trump of exaggerating his assets and deceiving lenders and insurance companies.
