KEY POINTS

  • Former President Donald Trump is appealing the New York civil judgment finding him liable for fraudulently inflating his net worth on years of financial statements.
  • Judge Arthur Engoron had ordered Trump to pay more than $450 million in fines and interest for his fraudulent business practices.
  • The notices of appeal do not indicate that Trump has secured an appeal bond, which is required in order to pause the judgment from being enforced.
  • Flying Squid@lemmy.world
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    9 months ago

    So his lawyers know they can’t appeal but they’re doing it anyway.

    I guess he just tells them what to do and they do it whether or not it will have any effect.

    • dhork@lemmy.world
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      9 months ago

      That’s not how I read it. He has the right to appeal, but needs to either put up the money or secure a bond in order to do so or else they can collect even while the appeal is ongoing.

      His lawyers are filing the appeal without arranging for the payment. Then,(assuming he doesn’t make the payment at the last minute), when it is summarily denied because they didn’t do it right, they will complain about weaponized government / witch hunts / etc.

      I wonder if he’s simply going to ignore this payment. And then when the court takes action to seize his assets, he will complain that his right to campaign is being taken away from him.

      He complains a lot.

    • FlowVoid@lemmy.world
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      9 months ago

      lawyers know they can’t appeal

      This is a common misconception.

      You do not need to put up money or bond to file an appeal. You need them to pause enforcement while the appeal is in progress.

      In other words, if Trump appeals without putting up a bond then the plaintiffs can start selling Trump’s property while the appeal is still in progress. In which case, if Trump ultimately wins on appeal then they would return some or all of the sale proceeds.

      • dhork@lemmy.world
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        9 months ago

        Gosh, that’s going to make him even whiner, if the appeal can go forward but he is still subject to having assets seized to pay for it. “I filed an appeal, but they’re taking my stuff anyway! ELECTION INTERFERENCE!!!1!11!!1!” Even though that’s how it works for everyone.

        He’s basically White Privilege personified. If he’s not getting special treatment, then it’s unfair.

    • Treczoks@lemmy.world
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      9 months ago

      It will have an effect: On the amount they are billing him. Whether they ever see a penny of it - who knows?