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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (1436497)1/31/2024 3:37:14 PM
From: Tenchusatsu1 Recommendation

Recommended By
pocotrader

  Read Replies (2) | Respond to of 1570981
 
Bill,
So when you said this: "In the state of NY, if Trump filed an appeal, he'd have to put up the entire amount of the judgement in an escrow account.", you were wrong. Right?
I was a bit off, but overall I'm closer to the truth than you are ...
Bottom line, Trump doesn't have to put up $83 million to appeal the judgment.
Right, but the appeal doesn't let Trump off the hook with regard to collection. Carroll can start the collection process 30 days after the judgement.

The only thing Trump can do to stop the collection process is to put the money into escrow. Or purchase a bond to cover the amount. Either option is available ONLY if he appeals, which he most likely will.

So yes, if Trump wants to avoid paying Carroll via the appeals process, he WILL have to put up the $83M.

Tenchusatsu

P.S. - No need to remind me that Carroll still doesn't get the money while the appeal is ongoing. It was all about making Trump pay for what he did. Whether she wins the lottery or not isn't a priority for her.