New York Judge Arthur Engoron decided to allow President Donald Trump’s $175 million bond to stand that he posted for his civil trial.
Knight Specialty Insurance posted the bond.
Engoron placed new conditions on Trump and the company, though:
- These include that Knight Specialty Insurance Company will retain “exclusive control” of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond.
- Knight Specialty Insurance Company has agreed to designate an agent of process in New York.
- The agreement between the company and Trump also can’t be amended without court approval.
Attorney General Letitia James wanted Engoron to void the bond. The original amount was $454 million. James’ team tried to spin the decision as a win for them, claiming Trump “has conceded to the Attorney General’s demands to resolve concerns related to the bond.”
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Letitia the thug, loses again.
Wait until this fraud of a case sees an appeal court.
I too am looking forward to seeing this fraud case in appeals court.
By the time the cases hit the appeals court, the damage will have been done. Trump will have been kept from campaigning because he was forced to be in court. And, the Credibility of the Entire Judiciary will have gone down the toilet like the Credibility of the FBI.
The Judiciary will not come back from this Banana Republic show trial in my lifetime.
Do you really think Trump isn’t campaigning?
When is the appeals court trial?
Bond, James’s Bond: License to Kill
Gee … that’s nice of him. $175 million for a complete mockery of justice that was nothing but direct, intended persecution of President Trump. This show trial was one of the worst abuses in American history … but the treasonous, lowlife dirtbag judge who ran it is nice enough to let the current ransom be only $175 million … How thoughtful and accommodating of him.
Engoron deserves the worst punishment this country can offer to anyone. Of course, Engoron isn’t the only one. Not even close. We are being savaged by the worst collection of criminals and traitors that America (or any decent country) has ever had to contend with. They have all been able to skate free, thus far, but this really cannot go on much longer. Things are going to break one way or another. Hard.
[ Homer Simpson voice } This show trial was one of the worst abuses in American history , SO FAR…
Letitia James oversees a moronic level persecution of a presidential candidate, using questionable legal reasoning with the help of a dementia ridden pervert judge.
🎹Le-tit-ia, La-tit-ia
Have you met Le-tit-ia,
La-tit-ia the courtroom ladyyyyy
The whole situation is exasperating.
Methinks the word has gone down- You’re making Trump MORE POPULAR! Stop it!
No kidding! I can’t decide who to blame more: the MSM or “Republicans”.
*These include that Knight Specialty Insurance Company will retain “exclusive control” of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond.
*Knight Specialty Insurance Company has agreed to designate an agent of process in New York.
*The agreement between the company and Trump also can’t be amended without court approval.
Nothing wrong with any of those conditions. Yes, they kinda assume that Trump is operating in bad arithmetic, which he isn’t about to do if he wants to win election this year. But, in reality, so what? I count it as a win for Trump.
Artie “The Exposer” Engmoron agreed to all of this? That drooling idiot must be quite afraid of being reversed on appeal yet again and being made to look like an even bigger fool for the umpteenth time. Either that or Letitia James didn’t come through with enough cash or promises of a judicial promotion.
You should have read and included the original court documents in this article. After clicking through and eventually finding the OAG’s memo to the court I find myself again unsurprised that Trump was adjudicated guilty.
– For collateral Trump granted the insurer a lien on a brokerage account, but Trump maintains control and can withdraw funds from it!
– KSIC’s “management has been found by federal authorities to have operated affiliated companies … in violation of federal law on multiple occasions….”
– KSIC does not have enough cash on hand to pay the bond if Trump defaults.
– KSIC has never written a surety bond in NY before.
IANAL, but the ruling is what I would expect for that set of facts and is a partial win for the OAG.
After the hearing, President Trump’s lawyer in the case, Alina Habba, fumed at the judge’s incompetence, “he doesn’t even understand basic principles of finance,” and at AG James’ “this is where your taxpayer dollars are going America…witch hunt after witch hunt after witch hunt…”
Habba continued to excoriate the whole farce:
“…in one hour, that judge and the attorney general realized they had no idea what they were talking about… and we came to an agreement that everything would be the same…”