The notion that Trump's lawyers and a company the size of Chubb would try to haggle or try shady tactics with the state of NY is preposterous; so is the possibility that Carroll's attys will try to throw in some last minute conditions or demands. The terms have been met and the bond has been posted. It will be rubber-stamped by the court on Monday and Trump's appeal process will go forward.
If the bond was posted, we'd see that in the court record, along with the terms of the bond. The bond is not yet posted.
In any transaction Trump is involved with, especially one this large, the risk of him haggling and engaging in shady tactics is high. That's how he rolls. Even if the paperwork is iron-clad, Trump reneges. That's how he rolls. How many bankruptcies has he had? How many of his lawyers have unpaid bills? How many vendors has he left unpaid? How many lies does he tell in an average day? That's how he rolls.
I think one of the reasons Carroll is happy to see a bond is it takes Trump out of the game at a certain point. When he exhausts his appeals and ultimately loses the case, it will be Chubb's obligation to pay Carroll (assuming the bond is approved on Monday), and Trump cannot stop it. If that happens, the bond gives Chubb the right to come after Trump for the money. In that instance, Chubb can certainly count on Trump to promptly and cheerfully write a $91 million check, right?
As I said above, I never heard of an appeal bond before Trump's troubles showed up in the news. This is not my area of expertise and I don't
pretend it is. We'll find out in a matter of hours how negotiable or rubber stampish the bond in question is.
If you read
the judge's actual order, which is just two paragraphs long, you will clearly see Trump has not posted bond. In the judge's own words, Trump has "... filed an application to approve a superseadeas bond in the amount of $91,630,000 ..."
And if you go on to read the judge's second paragraph, you will see he is leaving the door wide open for Carroll to oppose the ... "form, [and the] amount of the surety ..." The judge is also giving her the opportunity to comment about her consent to the relief sought by defendant's motion ..."
Clearly, the terms have not yet been met, and clearly, the bond has not yet been posted. That may happen Monday but it has not happened yet; at least if you are willing to take the judge at his word and recognize his order as a real court order.
thefederalist.com
www.cbsnews.com
www.newsweek.com
www.thegatewaypundit.com
