TFG's bond hearing is today in the NY Civil case. Here's hoping it is deemed deficient and the fire sale begins!

[Ocelot II]

1. There seems to be quite a bit of misunderstanding about the purpose of an appeal bond.

And that purpose is to protect the judgment for the benefit of the party who won it. The AG wants an appeal bond, just not one that's defective and that would be unlikely to provide that protection. If this one is rejected by the court (and it looks pretty dodgy) they might be given one more chance to acquire one that meets all the requirements. Otherwise the AG can start the process of filing liens on Trump's assets, but the notion that the state will instantly "own" things like Trump Tower and Mierda-Loco and can sell them right now is simply mistaken. It means only that the state will have acquired a security interest in those things, and if the appeal fails, as is likely, sales might be forced in which the state's interest is secondary to prior lienholders such as mortagees and part-owners.