It’s pretty clear he doesn’t have the cash to pay the judgement in full, and will need to sell illiquid assets at a discount in order to pay the full amount.
It’s pretty clear he doesn’t have the cash to pay the judgement in full, and will need to sell illiquid assets at a discount in order to pay the full amount.
It’s even better. The court-appointed special monitor Barbara Jones now has the power to start seizing assets until he meets the requirements to have an appeal. And, the interest meter is running, at $3mil/month.
Basically, he needs to pony up the money. Period. If the Appellate Court finds Engoron made his judgement beyond reason, they would then go through another process to determine how the courts would pay back whatever is necessary.
He’s fucked.
Better still, is he swore under oath to having $450 million in cash. So if he says otherwise he then opens himself up to charges for lying under oath.
This has to be the best thing Trump ever did. His appearance in Kevin in New York was shit, I’d rather drink from the toilet than watch the apprentice, but this here, this is hilarious. In a way I don’t want it to stop, but then again I want to see him behind bars and his goons wallow in their own tears. This is just epic. I’ll gladly subscribe to any streaming service that makes a documentary about it. Even Disney.
🍆💦