They Want Ice Cubes In Hell, Too 🧊

Last week, Trump asked to stay enforcement of the Carroll verdict so he can pursue post-trial motions--and avoid posting a bond. Today, he made his move in the NY attorney general's civil fraud case. 1/

— Lisa Rubin (@lawofruby) February 28, 2024

Here's the 1794-page filing, most of which are exhibits. Head to page 1742 for the brief:https://t.co/hztuRCRJkH

— Lisa Rubin (@lawofruby) February 28, 2024

I ain’t readin all that. I’m very happy for u tho. Or sorry that happened 

p.s. Whatever decision Judge Anil Singh releases today will be temporary; further briefing before a full panel of the First Department is expected on the question of the stay pending appeal.

— Lisa Rubin (@lawofruby) February 28, 2024

Notable passage:

“Defendants all but concede that Mr. Trump has insufficient liquid assets to satisfy the judgment amount; defendants would need ‘to raise capital’ to do so.” https://t.co/t9ntz5z50l pic.twitter.com/dPydfBHvog

— Adam Klasfeld (@KlasfeldReports) February 28, 2024

Sounds like a personal problem, to me.

They were not, in fact, prepared to do so. https://t.co/GOPT4GivMI

— Bradley P. Moss (@BradMossEsq) February 28, 2024

Or, you know, not.

Trump says he'll only hand over $100M of $450M civil fraud rulinghttps://t.co/3HaiyXpPMV

— Raw Story (@RawStory) February 28, 2024

"The obvious point of such a facially absurd award is not to deprive Appellants of some purported 'ill-gotten gains,' but, rather, to impose a half a billion-dollar penalty for engaging in transactions with satisfied counterparties," the filing states. "The presence of a $100 million bond would only augment the security originally deemed sufficient by the Attorney General."

Translation: “It’s not fair! They’re being mean to me!” IOW:  to say that language fails to make a legally cognizable argument is to say water is wet.

And people in hell want ice cubes they aren’t going to get.

Every losing party thinks it’s not fair. Obviously that’s not grounds for special treatment.

Trump admits he'll have to sell buildings to come up with $450M in cashhttps://t.co/dr8Ofgl08w

— Raw Story (@RawStory) February 28, 2024

"In the absence of a stay on the terms herein outlined, properties would likely need to be sold to raise capital under exigent circumstances," Trump's attorneys wrote. "And there would be no way to recover any property sold following a successful appeal and no means to recover the resulting financial losses."

Sux to be you, bro.

He claimed in a deposition he had $400 million liquid pic.twitter.com/Dbqjxi8tRv

— Bradley P. Moss (@BradMossEsq) February 28, 2024

Trump’s mouth finally wrote a check his ass can’t cash.

Trump under oath in his deposition: I’m worth at least $10 billion, I have over $3 billion in tangible assets, I have $400 million in cash.

Trump to appellate court: I can come up with $100 million and I need more time to sell stuff to come up with the rest.

— Ron Filipkowski (@RonFilipkowski) February 28, 2024

Imagine the campaign ads right now for the general election: a candidate for the presidency who would be an immediate lame duck, who is facing personal financial ruin and who has an outsized view of President authority.

— Bradley P. Moss (@BradMossEsq) February 28, 2024

Mortimer …. We’re ruined https://t.co/pCHUdGh6vq

— Bradley P. Moss (@BradMossEsq) February 16, 2024

"TURN THOSE MACHINES BACK ON!!”

(Frankly, his alternative is to file bankruptcy. Which I expect the court is going to tell him. A final judgement of a court of competent jurisdiction is beyond the reach of equitable relief of “irreparable harm.” Trump had that opportunity when he could have entered settlement negotiations before the final judgment. Too late now to say the amount the state was asking for all along represents “irreparable harm.” That ship has sailed.)

(Adding: the purpose of an appeal bond is to make the plaintiff whole after the appeals run their course, so justice is not denied because the losing party has hidden all its assets. It’s not to punish Trump. If he has to sell properties at fire sale prices, well, it saves Letitia James the trouble.😈. Which is actually something they argued to the Court.)