Jump to content

TwiceHorn

Certifiably Surly
  • Posts

    34424
  • Joined

  • Days Won

    2

Everything posted by TwiceHorn

  1. The LOI says it is secured by the assets of the DJT Trust. The Schwab account appears to be an asset of the DJT Trust. So, they are second in priority to themselves, at least according to the LOI. So, if the LOI embodies the true security interests pursuant to that loan AND the loan defaults before a claim matures on the bond (the appeal affirms the judgment in excess of $175M), then they are under- or unsecured on the bond. But, as long as the bond/undertaking obligates Knight to pay on the bond, the conditions of their security interests against Trump are pretty much irrelevant unless there's evidence they don't have the assets to pay. If Knight has the money to pay and wants to make a dumb deal with Trump, that's I think pretty much their business.
  2. Sorry, earlier I called you Texas Ed.
  3. That wasn't the actual objection. But part of the insurance accreditation/certification process is or would have been to show reserves and solvency sufficient to support the type of business they are doing. So I suppose that was implicit in the objection to the bond
  4. Actually, from the objection raised by James office, it was just KSLs ability to do insurance business of this nature in NY. The rest of it seems to be overkill.
  5. He can't, as a broad notion, secure with the account. He'd have to liquidate it and bring a cashiers check to the clerk of the court. The supersedeas bond or undertaking is cash in everything but name, in most jurisdictions. The only thing Trump saves is taxes upon liquidation. Really only delaying that, assuming the judgment is affirmed to the tune of 175M.
  6. No shit Sherlock. He should have been prosecuted straight up years ago like a lot of his cohort doing crimes in the Southern District of New York. Then we might not be so worried about all this shit.
  7. No I am not. But that is a violation of federal election law that the statute of limitations passed on in about 2021-2022. As a federal crime, it is a dead letter. Alvin Bragg and the state of New York have no jurisdiction to prosecute that offense except by ginning up this thing that incorporates, ostensibly,** a federal offense to raise a New York misdemeanor to a felony. **I say ostensibly because it is not yet precisely clear which "another crime" Bragg intends to rely upon to prove the felony level offense. If this were somehow a little guy being prosecuted this way, people would be up in arms.
  8. No you are correct. I'm not a defense attorney, criminal anyway.
  9. Oh fuck you I do not. But the reality, minus the total perspective vortex, is that this is a weird prosecution of a misdemeanor offense that back doors a federal offense to make it a felony. Texas Ed nailed the gist of it. The crime that Cohen pled to is a federal offense that Bragg can't prosecute and the feds declined to prosecute against Trump for whatever reason. I applaud the gymnastics to get here and hope they succeed. But they are gymnastics that make this legally probably the weakest case against Trump of all of them (as opposed to factually).
  10. Except he isn't actually charged with an election crime, and, as a federal crime, Bragg has no jurisdiction to prosecute it. But it is a scheme to conceal it. But the NY crime prompts the question from whom, because no one was looking at his books to try to prove it.
  11. You raise a pretty valid point. This is a weird little statute on NYs books. But, it gets prosecuted with some regularity, although I think in contexts where someone is actually deceived. Especially where the deception occurs in the course of the "second" crime that elevates it to a felony.
  12. Not familiar with the Chinese and the concept of "face" are ya?
  13. There is also a notion that he might plead at the 11th hour or ask the jury to convict only on the misdemeanor level false documents charges without the connection to the other crime, that makes it a felony.
  14. To a large extent, most of us started drinking as a response to unpleasant emotions. Maybe everyone does to a greater or lesser degree; I can't speak for the normies. But the beginning of the pathology was that it displaced any coping mechanisms we should have developed. The Friday into Saturday into Monday sounds very familiar to me, but the instances where I could control it were few and far between even if the initial imbibing began not, at least on the surface, as an emotional response. You are at the point that you have recognized a potential problem. The acid test now may be to see if you can just quit.
  15. https://news.google.com/articles/CBMiZ2h0dHBzOi8vd3d3Lm5iY25ld3MuY29tL3BvbGl0aWNzL2RvbmFsZC10cnVtcC90cnVtcC1odXNoLW1vbmV5LXRyaWFsLW5ldy15b3JrLWp1cnktc2VsZWN0aW9uLXJjbmExNDU5MzjSAStodHRwczovL3d3dy5uYmNuZXdzLmNvbS9uZXdzL2FtcC9yY25hMTQ1OTM4?hl=en-US&gl=US&ceid=US%3Aen Unusually good NBC story covers the process.
  16. Big trial with well known defendant usually starts with a bigger panel than a no-name trial. Each of the jurors has likely filled out a lengthy written questionnaire. The lawyers are probably given more than the usual six or twelve strikes. The questioning of the panel will begin with questionnaire answers and then move to the ad hoc question that are more typical.
  17. That poor calf is about to get sued.
  18. With the US Constitution reprinted in it and a Lee Greenwood song. Jesus wept. And then was exceeding wroth.
  19. Fuck that, I'm gonna gut that fat ass pig-eyed bitch like a fish. Except I'll leave her entrails sitting her lap so she can look at them.
  20. Unlike a Chapter 7 and 13, where a panel of private attorneys do the work of supervising the debtor and collecting the bankruptcy estate for liquidation or distribution according to a 13 plan, the only trustee in an 11 is the US Trustee and they are pretty hands off for a legit debtor. But like most court things, a judge, whether severe or lenient, doesn't exercise much power until moved to do so by one of the parties which includes the US Trustee in an 11.
  21. Interesting article. Although Reacher may be kind of trite and he a bit wooden, he seems oddly likeable, but I wondered about his Christianity and other things. Seems like a solid dude.
  22. The residential construction industry groaning about being sued for building shitty houses. Wait, that already happened. https://www.dentonlaw.com/news-and-articles/residential-construction-defects/
×
×
  • Create New...