Arithmetic and formatting. Proofreading is completely out of the question.
My mental deterioration bingo card for Red is filling up at a prodigious pace today.
New York did open things up for concerns that contemplate a sub twenty percent return on the fire sale to consider posting the bond for sad fat Poorleone.
It is doubtful NY would force a sale anyway, since Tru.p's properties are so far in debt NY would be so far down as a creditor that forcing a sale would get them little or nothing. I suspect they would have gotten in line, and then worked with the superior claims when the verdict gets affirmed.
When trump losses the appeals and has no available cash or fungible assets, the bond holders will force the sale write down and all.
It is more likely Trump lawyers will use the 8th Amendment Excessive bail shall not be required, nor excessive fines imposed to reduce the amount even more.
Good luck with that.
The amount was based on the amount the Court determined Trump benefited from his fraud. The trial court's damage award is not "excessive" under the 8th Amendment because it is the amount of the actual damages.
Just who was damaged?
The bank executives who worked with Trump testified in court that they were happy with their business dealings with him, and even sought additional business with Trump, whom they viewed as a whale of a client.
The appeals court may indeed determine that the amount is excessive but it will be based on disagreeing with the lower Court determination of the appropriate amount, not the 8th Amendment.
It is unheard of to seek repayment of over $464 million when there was no identifiable victim and when the entities on the other side of all of these transactions were sophisticated investors who conducted their own due diligence.
John Malcolm, a former assistant U.S. Attorney in Atlanta.
I doubt the Trump lawyers will overlook the 8th Amendment in their appeal.
Literally nothing you cite or quote has anything to do with the 8th Amendment. If the harm supports the trial court's determination of.damages, the amount is upheld. If the appeals court finds that amount is not supported by the evidencd, that amount will be reduced to what the court finds the damages to be. That is a normal appeal process for.any damages, for any amount. It is a review of a factual finding and has nothing to do with the 8th Amendment. Not that, having made an uninformed statement to the contrary you will ever admit it.
But, yes, I suspect Trump's lawyers.will make.an 8th Amendment argument, because they clearly nu.p when he tells them without exercising independent judgements, no matter how.stupid it makes them look to the court and legal community. But that will not be the basis of any court finding.
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