General Discussion

Ocelot II

(126,019 posts)

88. I assume this whole dodgy deal will be considered by the court.

Sat Apr 6, 2024, 01:00 PM

Apr 2024

The fact that the insurance company isn't licensed to do business will be brought up; it looks like they tried to tack it to a separate company owned by the same holding company and get away with it that way - along with the even more concerning fact that it doesn't seem to have the required amount of cash to cover the bond.

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Trump's Bond Insurer Doesn't Seem To Have The $175M It's Guaranteeing [View all] Tom of Temecula Apr 2024 OP

The plan was to screw over the state of New York. Irish_Dem Apr 2024 #1

The plan was to delay things again. Mr.Bill Apr 2024 #47

Yes of course it was a delay tactic. Irish_Dem Apr 2024 #49

Can't. There is a procedure that must be followed... Happy Hoosier Apr 2024 #91

Of course, Trump's bond insurer's reserves were inflated and they can't do business in NY. sop Apr 2024 #2

OT -- congrats on your 10,000th post! nt Wednesdays Apr 2024 #22

Thanks. sop Apr 2024 #48

Still buying time lame54 Apr 2024 #3

Yep now wait for another hearing 617Blue Apr 2024 #4

That's always been the case AZSkiffyGeek Apr 2024 #9

86.4% of polls gab13by13 Apr 2024 #11

That's an oddly specific number without any attribution AZSkiffyGeek Apr 2024 #17

90% of statistics are made up on the spot. TwilightZone Apr 2024 #30

And 73% of people believe them JoseBalow Apr 2024 #55

That's true ornotna Apr 2024 #64

72.854% reACTIONary Apr 2024 #80

Judge Engoron scheduled a hearing for April 22nd. iluvtennis Apr 2024 #29

Why so late? Hearing should be scheduled sooner. LiberalFighter Apr 2024 #58

Just guessing MorbidButterflyTat Apr 2024 #63

Because the rules of procedure and the court's calendar Ocelot II Apr 2024 #94

We already did that in 2020. That fuck will run again and again until it dies. onecaliberal Apr 2024 #53

Well, let's hope the hamberders do their job. COL Mustard Apr 2024 #77

One can definitely hope. onecaliberal Apr 2024 #78

because the legal system is full of chickens NJCher Apr 2024 #73

Another case of Trump attorneys needing attorneys? exboyfil Apr 2024 #5

I'm wondering if Knights should be liable for fraud too? LiberalFighter Apr 2024 #59

I must not understand how this works Takket Apr 2024 #6

Silly Rabbit maxrandb Apr 2024 #7

That's not how it works Jersey Devil Apr 2024 #14

Not exactly - clarifying Justice Apr 2024 #16

Well THAT money's gone. dchill Apr 2024 #24

They don't have to put up the money up front but they have to guarantee it. Ocelot II Apr 2024 #18

If they are not certified to do business in NY wouldn't there be a problem? LiberalFighter Apr 2024 #61

Clarification SlimJimmy Apr 2024 #82

The reason actually was that those 30 insurers wouldn't take real estate as collateral, Ocelot II Apr 2024 #83

Not really. They refused due to the size of the loan and that RE was not acceptable SlimJimmy Apr 2024 #86

No, I was talking about the original $450M. Ocelot II Apr 2024 #87

Okay. SlimJimmy Apr 2024 #96

Sorry, but I smell a conspiracy, gab13by13 Apr 2024 #8

". . . foreign money . . ." AverageOldGuy Apr 2024 #21

I believe someone once said "with tRump, all roads lead to Putin". FoxNewsSucks Apr 2024 #35

So this bond attempt is rejected according to NYS rules... Think. Again. Apr 2024 #10

I think they gave him 10 days. gab13by13 Apr 2024 #12

Okay, no one else would get that grace period but... Think. Again. Apr 2024 #13

The ten day period to respond applies to everyone. It's part of the NY Civil Procedure Rules onenote Apr 2024 #25

James would *want* an appeal bond. Ocelot II Apr 2024 #32

+1 onenote Apr 2024 #40

I've started keeping my mouth shut about this part because I know nothing about it. Orrex Apr 2024 #75

Appeal Bond. James' Appeal Bond. Orrex Apr 2024 #74

Tick, tick, tick. twodogsbarking Apr 2024 #15

Naughty! Naughty! It's not good to try and fool cousin Latitia! Wonder Why Apr 2024 #19

Just another scam. Will only stop when he is in prison. Fla Dem Apr 2024 #20

Confiscate his jet first. Emile Apr 2024 #23

Trump engages in finacial fraud edhopper Apr 2024 #26

Its parent group has $23 billion in assets TwilightZone Apr 2024 #27

But the company that underwrites the bond is on the hook, not the parent. Ocelot II Apr 2024 #33

Either way, that's a big number on their bottom line..... wolfie001 Apr 2024 #44

There is a difference under insurance/surety moniss Apr 2024 #51

Just so (not) shocking Jean Genie Apr 2024 #28

So will the court now reduce it to the 13 million the company CAN cover? Scrivener7 Apr 2024 #31

NY AG questions insurer struggle4progress Apr 2024 #34

Why bond documents were rejected struggle4progress Apr 2024 #36

Levine is the "expert" lawyer that mistakenly claimed that what was missing were Trump's financial records onenote Apr 2024 #41

Thanks for the details... FormerOstrich Apr 2024 #72

The IRS needs to review this shaky company Blue Idaho Apr 2024 #37

DOJ needs to investigate this company, gab13by13 Apr 2024 #39

But edhopper Apr 2024 #50

Looks like the same type of financial shenanigans Trump was found guilty of at trial dlk Apr 2024 #38

Sounds like Hankey Pankey Raven123 Apr 2024 #42

This may well be much ado about nothing. onenote Apr 2024 #43

Not if they're not licensed to do business in moniss Apr 2024 #45

Who is surprised that a TFG donor is shady LetMyPeopleVote Apr 2024 #46

Also, not licensed in the state of New York... kentuck Apr 2024 #52

How does this delay anything to Trump's benefit? onenote Apr 2024 #54

Hard telling what underhanded moniss Apr 2024 #56

How about the delay since it was supposed to be posted, plus the 10 days for the challenge? Hermit-The-Prog Apr 2024 #70

So how much time does the asshole have to come up with the dough? spanone Apr 2024 #57

Trump Tower is going down - my prediction. nt BootinUp Apr 2024 #60

How shocking MorbidButterflyTat Apr 2024 #62

Smelvis does not have the money malaise Apr 2024 #65

Is the NY courts going to follow their own laws or not ? republianmushroom Apr 2024 #66

Are you an expert in NY Civil Procedure? onenote Apr 2024 #67

True, they lowered the amount by 49%. But by reading this, the company bonding trump is not lic. in NY republianmushroom Apr 2024 #68

I assume this whole dodgy deal will be considered by the court. Ocelot II Apr 2024 #88

More delays ?? republianmushroom Apr 2024 #89

It won't delay anything. The rules of civil procedure in New York Ocelot II Apr 2024 #90

Delays do benefit trump, and you admit there are delays. republianmushroom Apr 2024 #92

There's no delay here. The appeal will occur as scheduled Ocelot II Apr 2024 #93

I hope you are correct, we shall see in time. republianmushroom Apr 2024 #95

Invalid bond stunt republianmushroom Apr 2024 #71

Unbelievable. Actually no, it is believable ecstatic Apr 2024 #69

Dump's house of cards Blue Owl Apr 2024 #76

Probably just a rounding error. Permanut Apr 2024 #79

I'm smelling serial fraud Kennah Apr 2024 #81

Would that be the "Fly by Knight Specialty Insurance Company"? area51 Apr 2024 #84

Of course they do everything crooked SouthernDem4ever Apr 2024 #85