The Trump Card...
- Thread starter muttly
- Start date
Ownership of planes like these is registered with the FAA and the info is public record. Trump's 757 is owned by one of Trump's companies; DJT Operations I LLC, a Delaware LLC. No additional owners are listed.
If the court issues a seizure order, Trump instantly loses use of his plane. Court arguments would follow as various claims are adjudicated, but the plane is first seized by law enforcement or a designated agency.
From Google Gemini:
The process of seizing a private jet by court order involves several steps:
- Seizure Order: A court issues a seizure order after a legal complaint is filed and a judge finds sufficient cause. This order authorizes law enforcement or a designated agency to take physical possession of the jet.
- Inventory and Secure Storage: The seizing party inventories the aircraft's contents and secures it at a designated location, usually a government hangar or a court-approved private facility.
- Ownership Hearing: The legal owner or interested parties have the right to challenge the seizure in court. During this hearing, they can present evidence of ownership and argue why the seizure was wrongful.
- Ownership Determination: The court determines the rightful owner based on presented documentation, ownership history, and arguments.
- Disposition Order:If the seizure is upheld, the court issues a disposition order. This order specifies how the jet will be handled. Options include:
- Sale: The jet is sold at auction, with proceeds distributed according to the court order (e.g., satisfying a debt owed to the plaintiff).
- Forfeiture: The government takes ownership of the jet, often used in cases tied to criminal activity.
- Return to Rightful Owner: If the seizure is deemed wrongful, the court orders the return of the jet to its rightful owner.
- Sale: In an auction, the highest bidder becomes the new owner and receives a court-approved transfer of title.
- Forfeiture: Ownership automatically transfers to the government agency specified in the disposition order.
- Returned to Owner: No ownership transfer occurs; the original owner retains legal title.
- The court issues a writ of possession after the disposition order becomes final. This writ authorizes the release of the jet to the new owner (auction winner, government agency) or its return to the original owner.
- Taking possession usually involves a representative from the new owner or the original owner coordinating with the storage facility to retrieve the jet.
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Ramaswamy Checkbook Closed to Trump
"Biotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy didn’t seem too interested Wednesday in helping out Donald Trump’s campaign by writing a check, ..."
www.yahoo.com
"Biotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy didn’t seem too interested Wednesday in helping out Donald Trump’s campaign by writing a check, ..."
Awkward Moment Vivek Ramaswamy Suggests His Pocketbook Is Closed to Trump Campaign
Fox NewsBiotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy didn’t seem too interested Wednesday in helping out Donald Trump’s campaign by writing a check, but did commit to continuing to act as a surrogate for the man he endorsed after dropping out of the GOP primary.On...
Reading a bit more about asset seizures to satisfy court judgements, the process for seizing a commercial building, like one of Trump's hotels or Trump Tower, is similar to that described above for a plane. The judge issues a seizure order and the owner thereby loses control of the building. Law enforcement comes in to evict the tenants and change the locks. Then the owner can challenge the action. If the challenges fail, the building is auctioned off and ownership is transferred to the highest bidder. Auction proceeds go to the plaintiff.
It's not that simple, laws vary from jurisdiction to jurisdiction, but that's the gist.
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The Donald must be crapping his T rumps!Ramaswamy Checkbook Closed to Trump
"Biotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy didn’t seem too interested Wednesday in helping out Donald Trump’s campaign by writing a check, ..."
Awkward Moment Vivek Ramaswamy Suggests His Pocketbook Is Closed to Trump Campaign
Fox NewsBiotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy didn’t seem too interested Wednesday in helping out Donald Trump’s campaign by writing a check, but did commit to continuing to act as a surrogate for the man he endorsed after dropping out of the GOP primary.On...
Trump Charged More Money for Yet Another Frivolous Lawsuit
"Donald Trump has been ordered to pay at least $382,000 (£300,000) in costs after losing a UK court case against the former MI6 agent behind the 'Steele dossier.'”
apnews.com
"Donald Trump has been ordered to pay at least $382,000 (£300,000) in costs after losing a UK court case against the former MI6 agent behind the 'Steele dossier.'”
Trump is ordered to pay legal fees after failed lawsuit over the Steele dossier
Donald Trump has been ordered to pay a six-figure legal bill to a company founded by Christopher Steele, the former British spy that he unsuccessfully sued.
apnews.com
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Interesting News
Trump has always said he will appeal the E. Jean Carroll judgement. This is evidence he is following through. The question remains, while he can appeal without posting cash or bond, can he post the cash or bond so judgement-enforcement actions can be forestalled until the appellate court rules? If he can't Carroll can move to seize $83.3 million worth of Trump's assets starting Monday.
Trump has always said he will appeal the E. Jean Carroll judgement. This is evidence he is following through. The question remains, while he can appeal without posting cash or bond, can he post the cash or bond so judgement-enforcement actions can be forestalled until the appellate court rules? If he can't Carroll can move to seize $83.3 million worth of Trump's assets starting Monday.
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More Bad News for Trump RE $83.3 Million Judgement
Judge Kaplan ruled tonight that he won’t grant even a “temporary administrative stay” because Trump’s “current situation is a result of his own dilatory action.” In response to another motion on which he has not yet ruled, it is possible he may extend the stay. But given Trump's many requests for delay, all denied by this judge, it seems unlikely that the stay will be extended.
At midnight tonight, Trump has just 48 hours remaining to post cash or bond. If he does not post cash or bond, E. Jean Carroll can begin actions to collect the $83.3 million Trump is obligated by the court to pay her.
Judge Kaplan ruled tonight that he won’t grant even a “temporary administrative stay” because Trump’s “current situation is a result of his own dilatory action.” In response to another motion on which he has not yet ruled, it is possible he may extend the stay. But given Trump's many requests for delay, all denied by this judge, it seems unlikely that the stay will be extended.
At midnight tonight, Trump has just 48 hours remaining to post cash or bond. If he does not post cash or bond, E. Jean Carroll can begin actions to collect the $83.3 million Trump is obligated by the court to pay her.
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Unclear Deadline
I've been saying the deadline for Trump to post cash or bond in an appeal of the Carroll judgement is Saturday. That's 30 days after the judgement was entered on the record. Some media outlets are reporting that date. Others are saying Monday is the date. That may be because the deadline must fall on a weekday, but I don't know that for a fact. All I can say at this point is the deadline is either Saturday or Monday.
Either way, it draws close and Trump is showing no ability so far to post this cash or bond. On the contrary, he has tried, unsuccessfully, multiple times to have Judge Kaplan delay Carroll's ability to begin the process of seizing $83.3 million worth of his assets to satisfy the judgement.
He has not yet appealed. He is instead trying to get the benefits of an appeal on the cheap by begging Judge Kaplan for relief. Kaplan has consistently said no, saying yes instead to the verdict the jury rendered.
I've been saying the deadline for Trump to post cash or bond in an appeal of the Carroll judgement is Saturday. That's 30 days after the judgement was entered on the record. Some media outlets are reporting that date. Others are saying Monday is the date. That may be because the deadline must fall on a weekday, but I don't know that for a fact. All I can say at this point is the deadline is either Saturday or Monday.
Either way, it draws close and Trump is showing no ability so far to post this cash or bond. On the contrary, he has tried, unsuccessfully, multiple times to have Judge Kaplan delay Carroll's ability to begin the process of seizing $83.3 million worth of his assets to satisfy the judgement.
He has not yet appealed. He is instead trying to get the benefits of an appeal on the cheap by begging Judge Kaplan for relief. Kaplan has consistently said no, saying yes instead to the verdict the jury rendered.
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I find it interesting that the EO Maga troops have been so silent, all if them, not just the master, but all at once.
Trump has posted bond for the EJC case.
thehill.com
Trump posts $91M bond as he appeals E. Jean Carroll defamation verdict
Former President Trump posted a roughly $91 million bond Friday as he appeals the recent verdict in advice columnist E. Jean Carroll’s defamation lawsuit. Trump had aimed to delay posting his bond …
thehill.com
Yep. He did it. Where the money came from to pay the bonding company fees, and how Trump convinced a bonding company to accept him as a credit risk, is anyone's guess. We may learn more later, but I don't think Trump is required to disclose his funding sources in this instance.Trump has posted bond for the EJC case.
Trump posts $91M bond as he appeals E. Jean Carroll defamation verdict
Former President Trump posted a roughly $91 million bond Friday as he appeals the recent verdict in advice columnist E. Jean Carroll’s defamation lawsuit. Trump had aimed to delay posting his bond …
The EXCELLENT news for E. Jean Carroll is $91.6 million is GUARANTEED to be paid to Carroll once Trump's appeals are exhausted. Now that the bond is posted, Trump has no control over the disposition of this money, the court does. This will take some time for the appeal to work their way through the higher courts, but the money is Carroll's, if she prevails on appeal ... which is highly likely, as we will find out as the appeals play out.
When Trump fails on appeal, the bonding company (Chubb), will be obligated to pay Carroll the 91.6 million, and Trump will be powerless to stop that. Also at that point, Trump will be obligated to pay back Chub the $91.6 million they covered. In this action, Trump delayed the inevitable, but he will one day pay.
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Although this is good news for E. Jean Carroll, I was looking forward to the public meltdown of Trumpo for the seizure of assets.
Same here. Like many, I believe Trump is functionally broke. I believe his so-called "empire" is leveraged to the hilt, such that a forced liquidation would cause his house of cards to fall. Now we wait to see if such a collapse will be brought on by the upcoming bond he must post to cover a $466 million judgement (including interest) and thereby forestall asset seizures by NY AG James.
It is not a sign of strength that Trump posted bond today. It's a sign of weakness. Strong men do not sexually assault women and defame them, and thereby be found liable by a jury for $5 million in damages. Strong men do not defame the victim a second time and thereby be found liable by a second jury for $83.3 million in damages. And strong men do not make swampy political trades to secure a bond to cover the damages that he cannot cover with cash of his own.
There has been a development. The bond trump posted is not yet approved. The judge wants to hear from Carroll first. See his ruling here.
Like many interested citizens, I suppose, I'm learning about this as we go. I never heard of an appeal bond before Trump's troubles became news. Now we're going to learn about appeal bond terms as that story develops.
It seems that E. Jean Carroll likes this development.
"Carroll called the development 'stupendous' in a Substack post. She wrote that while her attorney Roberta Kaplan 'is strong enough to yank a golden toilet out of the floor at Trump Tower and toss it through the window, this bond saves Robbie the trouble of showing up with US Marshals on Monday to do so'.” (Source)
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As the Atlanta case against Trump circles the drain, new revelations about the corruption and incompetence of Fani Willis seem to pop up every day. Now it turns out that the original phone call that she used as the basis for the entire case was illegally recorded. This comes concurrently with an investigation initiated by a GA Senate committee and an referral of Willis to the state Bar for ethics violations.
"For years, the media and other Democrats have held up Willis as a brilliant and credible prosecutor of Republicans. The new book suffers from poor timing, with Willis and her lover accused of perjury, subornation of perjury, bribery, and kickbacks related to the prosecution."
"For years, the media and other Democrats have held up Willis as a brilliant and credible prosecutor of Republicans. The new book suffers from poor timing, with Willis and her lover accused of perjury, subornation of perjury, bribery, and kickbacks related to the prosecution."
RLENT
Veteran Expediter
That linked page has disappeared from The Federalist's website ...
Federalist Faceplant Mollie's "story" is still online however.