“If he can’t submit a bond or fulfill the appellate division’s bonding specifications, then I would hope him to file bankruptcy to take advantage of the automatic remain on assortment,” regulation professor Germain said.

To obtain a bond, Trump’s legal professionals mentioned they might be required to article collateral masking 120% from the judgment.

Trump’s lawyers reported releasing up funds by offloading a number of Trump’s Houses in the “fire sale” would result in enormous, irrecoverable losses.

When the penalty is finally upheld, the legal professional typical could go after Trump’s bank and expenditure accounts.

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Additional a short while ago, a metropolis commissioner in Miami, Florida, fought to help keep his dwelling following a federal choose requested it seized and auctioned off to help shell out a $sixty three.5 million judgment inside of a political retaliation case.

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