Mara Lago to be liquidated?

Jarod said:
Trump is going to appeal because he himself said its worth more than 18m? How is that an appealable issue?
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because the issue isn't what did he list as the value in a tax appeal, the issue is whether what he listed on his loan application was fraud......everyone knows it wasn't........on appeal the court will examine whether the judge's decision as to a material fact was reasonable in the light of the evidence......the appeals court is apt to determine the judge is a mindless fuckwit and remand it for a REAL finding of fact.......
 
QP! said:
TS, even the few properties not owned by one of Trump's New York corps, will almost certainly be forced into liquidation, if not bankruptcy.

We know Trump relies massively on leverage and debt in his portfolio and he has always talked about that. Within his banking covenants, in all jurisdictions, he will have to report to them any material change in his asset base and net worth and change in revenue.

So the taking and liquidating of his NYS properties and all they own, will almost certainly tip all his outside properties into serious, unreconcilable covenant default and the calling of those loans and liquidation of those properties.

that is unless he can find someone else to re-collateralize them all to satisfy the banks such as :: cough cough Russians ::, :: cough cough Saudis :::
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or maybe, when a trial on remand results in an actual decision of damages, Trump will pay it out of petty cash and the prosecuting attorney will look like a dick......
 
If the unconstitional things they're doing in New York stand?

New York will be done. Investors and developers and landowners will pull out of there, all the biggest ones.

If they can do that to Trump, they can do it to anyone. And they will.

Meanwhile, Leticia James failed to disclose an outstanding $770k obligation on a mortgage application.

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Matt Dillon said:
If the unconstitional things they're doing in New York stand?

New York will be done. Investors and developers and landowners will pull out of there, all the biggest ones.

If they can do that to Trump, they can do it to anyone. And they will.

Meanwhile, Leticia James failed to disclose an outstanding $770k obligation on a mortgage application.

https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8019357f-ee3a-401b-a9e8-4a542554df68_749x971.png
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Are you saying all New York businesses over inflate their assets? Are you claiming all New York businesses are a corrupt as Trump?

I think New York has known how corrupt Trump is since the 80’s.
 
PostmodernProphet said:
or maybe, when a trial on remand results in an actual decision of damages, Trump will pay it out of petty cash and the prosecuting attorney will look like a dick......
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No.

That is you, once again, demonstrating you have no basic understanding of business.

Highly leveraged, debt driven companies as Trump has ALWAYS admitted his companies are, do not sit on significant cash, if any. They rely on LoC and loans to provide cash when needed. The very things he will almost certainly lose in these judgements and liquidations.
 
PostmodernProphet said:
because the issue isn't what did he list as the value in a tax appeal, the issue is whether what he listed on his loan application was fraud......everyone knows it wasn't........on appeal the court will examine whether the judge's decision as to a material fact was reasonable in the light of the evidence......the appeals court is apt to determine the judge is a mindless fuckwit and remand it for a REAL finding of fact.......
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What did the judge decide as a matter of fact? Tell us?
 
PostmodernProphet said:
because the issue isn't what did he list as the value in a tax appeal, the issue is whether what he listed on his loan application was fraud......everyone knows it wasn't.
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The issue is the material facts that trump claimed to get a value. he claimed he could legally sell the land for condos. he could not. Everyone knows that was fraud.

Prosecutors try to avoid the subjective, because that becomes a mess. They are focused on the objective: did trump have the right to sell the property to be condos like he claimed he could. Objectively, he lied. It was a material fact. Therefore it was fraud.

You and trump are trying to move the trial into the subjective, because you have lost on the objective.

PostmodernProphet said:
the appeals court is apt to determine the judge is a mindless fuckwit and remand it for a REAL finding of fact.......
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Sorry, but they really will not.
 
Walt said:
The issue is the material facts that trump claimed to get a value. he claimed he could legally sell the land for condos. he could not. Everyone knows that was fraud.

Prosecutors try to avoid the subjective, because that becomes a mess. They are focused on the objective: did trump have the right to sell the property to be condos like he claimed he could. Objectively, he lied. It was a material fact. Therefore it was fraud.

You and trump are trying to move the trial into the subjective, because you have lost on the objective.



Sorry, but they really will not.
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Hah! This NY thing is going nowhere, and the government employees involved should face criminal charges.

Mar-A-Lago is just one of Trump's properties they're trying to strip from him without due process and really with no justification whatsoever.

That thing's going down in flames.
 
Jarod said:
What did the judge decide as a matter of fact? Tell us?
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PmP claims to be a real estate lawyer and yet when presented with the testimony by Zurich insurance officials that had they known the information, they now know Trump org had and concealed from them, he would not have got his NEEDED Insurance policies for some of the loans...

And that when Trump Org has there lawyers go in to the Tax Assessment hearing for Mar a Lago and argue a $16MM valuation is TOO HIGH, because they have signed away all future redevelopment rights, and then they walk across the road to banks and say 'these properties are worth more than 2000% of their assessed value due to the residential redevelopment opportunities'...

PmP reads that as a lawyer and says 'slam dunk Trump wins on appeal as that is the type of fraud appeals court like'.

It does not take a lawyer to see the undeniable Bank and Insurance fraud, Trump did but it does take a slum lord, claimed real estate lawyer, to not understand it.


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Shall we add a meme for PmP the lawyer saying 'I still do not understand why anyone sees a fraud in that?'
 
Matt Dillon said:
Hah! This NY thing is going nowhere
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It has already gone to trial. That is somewhere.

The accusations against Biden are going nowhere. Even the alt right's own witnesses admit there is no evidence.

Matt Dillon said:
Mar-A-Lago is just one of Trump's properties they're trying to strip from him without due process and really with no justification whatsoever.
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A trial would generally be considered due process.
 
PostmodernProphet said:
because the issue isn't what did he list as the value in a tax appeal, the issue is whether what he listed on his loan application was fraud......everyone knows it wasn't........on appeal the court will examine whether the judge's decision as to a material fact was reasonable in the light of the evidence......the appeals court is apt to determine the judge is a mindless fuckwit and remand it for a REAL finding of fact.......
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No the ISSUE is the judge found he has committed p consistent and continual fraud.

We cite the examples that have come out in court of consistent and continual fraud and it is voluminous.

Those are all statements of FACT. Simple citations of Trump filings and yet you think a superior court will say 'sure all of those FACTS you have shown us in the Trump various filings are indeed fraudulent, but we are letting Trump off anyway'.

And that is because you are amongst the most stupid lawyers of all time.
 
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QP! said:
PmP claims to be a real estate lawyer and yet when presented with the testimony by Zurich insurance officials that had they known the information, they now know Trump org had and concealed from them, he would not have got his NEEDED Insurance policies for some of the loans...

And that when Trump Org has there lawyers go in to the Tax Assessment hearing for Mar a Lago and argue a $16MM valuation is TOO HIGH, because they have signed away all future redevelopment rights, and then they walk across the road to banks and say 'these properties are worth more than 2000% of their assessed value due to the residential redevelopment opportunities'...

PmP reads that as a lawyer and says 'slam dunk Trump wins on appeal as that is the type of fraud appeals court like'.

It does not take a lawyer to see the undeniable Bank and Insurance fraud, Trump did but it does take a slum lord, claimed real estate lawyer, to not understand it.


84o3z1.jpg


84o4d3.jpg


Shall we add a meme for PmP the lawyer saying 'I still do not understand why anyone sees a fraud in that?'
Click to expand...

Why are you still using that Joel Grey image of him in prosthetics and yellow face? Why do you refuse to answer, cuntwhistle?
 
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