• rigatti
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    510 months ago

    What do you think is the timing on it? Can he delay forever like he does with everything else?

    • gregorum
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      10 months ago

      Trump claims that he’s going to appeal, but in order to do that in NY, he must place 120% of the judgment amount into an escrow account until the appeal is complete. Since he’s definitely going to lose, at that point, the state would simply give the money to Carroll. It may be the most certain way that he’ll pay. 

      Edit: 120 to 100

      edit 2: 100 to 120

      • Bipta
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        310 months ago

        Why 120%? To cover the interest that will accrue during the process?

                • gregorum
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                  10 months ago

                  sorry I didn’t answer before— I don’t know why 120%.

                  edit: according to some others who have answered this: it’s to cover any interest which might accrue during the appeal process.

        • gregorum
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          10 months ago

          sorry I didn’t answer this earlier— I don’t know why 120%

          edit: according to some others who have answered this: it’s to cover any interest which might accrue during the appeal process.

    • admiralteal
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      210 months ago

      He can definitely delay so long as there are appeals tied up. After that, every time he digs in his heels it’s another round of lawsuits until a court has the balls to hold him in contempt and put him in jail or else order asset seizure through a cooperative bank or the like.