Letitia James Issues 10-Day Ultimatum to Company That Guaranteed Trump’s $175M Bond

[Into the Night]

and this sounds like it would be the job of the court, since the court is the one that ordered the bond be paid, would it not?

Nope. The Court does not get to select the bonding company.

 

[Into the Night]

NO.

Every bonding company in NYS (any State) MUST provide certain documents PROVING they are sufficient liquid, to provide a Bond, so that any loss in Appellate Court where the bond is to paid is not met with a bankruptcy claim by the Bond company.

It already did, Sock.

This company put up the Bond, which is solely a piece of paper (promissory note) that they can and will pay, but DID NOT provide ANY of the required documentation substantiating it.

It already did, Sock.

This is why E Jean's lawyer got to review and approve the Bond provided by Chubb Insurance, as the WINNER in the case always gets the burden put on them to review and dispute the bond,m if insufficient, to protect their winnings.

She hasn't won, Sock.

Of course with a giant Insurance company like Chubb, who is in the business of doing Bonds in NYS regularly, your diligence need is small. With a derp firm, like the one backing Trump here, who does NOT have a history of doing bonds in NYS, Letisha has to push them to provide all diligence, or if they do not and declare bankruptcy when it is time to pay, that is on her.

Neither the court nor her gets to select the bonding company, Sock.

 

[Into the Night]

My point was clear. Yours was ridiculous. They are committing to an enormous bond. Can you understand that much? The court merely requires that they show they actually have the money. Is that hard for you to follow? They also have to do the paperwork meeting binding requirements. Take time and think about it. Perhaps you can find someone to explain it to you.

They already did, Sock.

 

[Into the Night]

didn't they already accept it?

They have to. The court has no authority to select the bonding company.

 

[Into the Night]

i'm going to ask again. If the COURT ordered that the bond be paid before appeal and the bond needs to be paid to the court, why is it not incumbent upon the court to confirm that the bond supplier is legal?

Because they already are.

 

[Kamala Trump]

NO.

Iti s a conditional acceptance, just like your offer on a HOuse is accepted conditionally.

Then the diligence begins to verify what you put forth.

The Court requires certain documentary proof to be filled which they will review, and if it is not the court will demand that proof and reject the bond, if not provided.

See above. As yes the court does tick certain boxes based on documentation submission only. Meaning they trust what it is filled with them to be accurate and true as it would be criminal fraud to lie to them.

BUt what the Court DOES NOT do any diligence, beyond trusting the documents, about the lender. That burden is pushed on to the WINNER of the case. They get the last sign off that they either accept the Bond Providing company or they do not trust them. If they do not trust them, they can dispute it and fight for more info.

Remember the majority of bonds are not giant ones provided by big insurance companies. Many are provided by small local Pawn Shops and other such businesses. I think the majority of bonds, across middle america are by Pawn shops and Pay Day lender type operations.

I think you're just making shit up as you go along.

 

[Libhater]

which scams are those, never trumper libertarian fucktoid?

All the fucking scams and lies have by the radical dems. How bout the Russian hoax for starters? These anti American numbskulls
have been trying to take America down ever since that obama hussein got into office.

 

[Into the Night]

I do not know. Its okay to be 'outside the standards of norms'.

No, it isn't, Sock. The court has no authority to select the bonding company.

 

[Into the Night]

NO.

Iti s a conditional acceptance, just like your offer on a HOuse is accepted conditionally.

Then the diligence begins to verify what you put forth.

The Court requires certain documentary proof to be filled which they will review, and if it is not the court will demand that proof and reject the bond, if not provided.

See above. As yes the court does tick certain boxes based on documentation submission only. Meaning they trust what it is filled with them to be accurate and true as it would be criminal fraud to lie to them.

BUt what the Court DOES NOT do any diligence, beyond trusting the documents, about the lender. That burden is pushed on to the WINNER of the case. They get the last sign off that they either accept the Bond Providing company or they do not trust them. If they do not trust them, they can dispute it and fight for more info.

Remember the majority of bonds are not giant ones provided by big insurance companies. Many are provided by small local Pawn Shops and other such businesses. I think the majority of bonds, across middle america are by Pawn shops and Pay Day lender type operations.

A bonding company is not a pawn shop or lender, Sock. The court has no authority to select the bonding company.

 

[Into the Night]

Don't you just LOVE how the MAGA morons are soiling their diapers over this? They don't know shit about bonds and the justice system so they make shit up.
At least they're consistent.

You are describing yourself again, Sock.

 

[Nomad]

which scams are those, never trumper libertarian fucktoid?

Trying to post a bond through a company with no proof the company has the money in hopes that it will not be checked, in order to delay the process and draw it out as long as possible, in the hope that Trump can con enough brainless idiots into electing him President again, after which he believes his legal problems would all disappear and he could get on with taking his dictator revenge against every official who attempted to hold him to account for his criminal and traitorous activities and all the American citizens who exercised their right to vote against him.

Etc, etc, etc.

 

[Nomad]

All the fucking scams and lies have by the radical dems. How bout the Russian hoax for starters? These anti American numbskulls
have been trying to take America down ever since that obama hussein got into office.

There was no "Russian hoax".

The FBI, CIA and NSA all had credible evidence that Trump's team was working with the Putin regime to get him elected.

No surprise that scumbag Trumpsuckers like you are still drooling your denials.

 

[Kamala Trump]

Trying to post a bond through a company with no proof the company has the money in hopes that it will not be checked, in order to delay the process and draw it out as long as possible, in the hope that Trump can con enough brainless idiots into electing him President again, after which he believes his legal problems would all disappear and he could get on with taking his dictator revenge against every official who attempted to hold him to account for his criminal and traitorous activities and all the American citizens who exercised their right to vote against him.

Etc, etc, etc.

do you have to submit an audit of your insurance company when you give your insurance information for your car title?

 

[Libhater]

There was no "Russian hoax".

The FBI, CIA and NSA all had credible evidence that Trump's team was working with the Putin regime to get him elected.

No surprise that scumbag Trumpsuckers like you are still drooling your denials.

You're fucking crazy, for there was zero evidence of Trump getting Putin to help him with the election. You lefties are simply braindead.
It was Hillary's dossier that had the Ruskies pulling for her.

 

[Nomad]

do you have to submit an audit of your insurance company when you give your insurance information for your car title?

Stupidest attempt at a false comparison I've ever seen.

Buying a car is not posting bond in a criminal court case.

You fuckers will literally say anything in your feeble attempts to shill for your commie bastard.

Unbelievable.

 

[QP!]

I think you're just making shit up as you go along.

How the fuck would every court be aware of every single Pawn Broker or PayDay loan or other type Bond Provider when they show up and post a Bond for a loser in a case?

Of course the Court accepts the Bond and the required paper work, when it is submitted, but then humans in the Court house administrative staff, then have to pick up the file, and review it to ensure they checked all the necessary boxes and provided all the necessary documents.

If they did not, the Court staff notify the Bond supplier what the cure is to fix the missing data.

How the fuck else could it work? A court cannot not just trust.

 

[Kamala Trump]

How the fuck would every court be aware of every single Pawn Broker or PayDay loan or other type Bond Provider when they show up and post a Bond for a loser in a case?

Of course the Court accepts the Bond and the required paper work, when it is submitted, but then humans in the Court house administrative staff, then have to pick up the file, and review it to ensure they checked all the necessary boxes and provided all the necessary documents.

If they did not, the Court staff notify the Bond supplier what the cure is to fix the missing data.

How the fuck else could it work? A court cannot not just trust.

ANd I think they did all that and accepted it already.

Leticia is just doing her bitch fit routine some more.

 

[QP!]

There was no "Russian hoax".

The FBI, CIA and NSA all had credible evidence that Trump's team was working with the Putin regime to get him elected.

No surprise that scumbag Trumpsuckers like you are still drooling your denials.

And lets never let the Magats also forget this.

G.O.P.-Led Senate Panel Details Ties Between 2016 Trump Campaign and Russia
A nearly 1,000-page report confirmed the special counsel’s findings at a moment when President Trump’s allies have sought to undermine that inquiry.

 

[QP!]

do you have to submit an audit of your insurance company when you give your insurance information for your car title?

No.

but if the insurance Company you use is completely unknown and ends up being fraudulent you can and will get charged with a crime.

let me try to dumb this down enough for you with bullet points:

- Person A wins a lawsuit, but Person B (the one he beat) gets to keep the money in his bank account for years as the Appeal plays out, because they got a Bond posted by a 3rd Party company
- Person B (the one who lost) then ends up going bankrupt during the years wait for the Appeal to go to court and has lost all the money Person A won in Court
- Person A (the winner) is still safe, as the Bond Company must pay them

If you allow the Bond Company to not be verified with PROOF OF FUNDS, then a poorly run Bond Company could also go bankrupt and thus not be able to pay the Bond they guaranteed.

If you cannot see how that system would be stupid and would NOT serve the WINNERS in court, then that is because you are stupid.

Of course any company providing a Bond (a form of guarantee) must substantiate they can actually pay it.

 

[Nomad]

You're fucking crazy, for there was zero evidence of Trump getting Putin to help him with the election. You lefties are simply braindead.
It was Hillary's dossier that had the Ruskies pulling for her.

You lie like shit in the grass.