“But the Trumpian part is that even though, or perhaps because, it may be part of a Trump scam, Knight now too may be on the hook for $175 million as it won’t automatically get out from underneath its own proffered surety.”

Hankey, a billionaire, has already said that his company will be able to post the money for Trump.

He was reacting to a comment on X by lawyer Dave Kingman, who wrote that Knight will not be able to post the $175 million.

“Understand that Knight Specialty has a problem. This bond cannot be approved. Under the CPLR [Civil Practice Laws and Rules] the surety will remain obligated under the bond until a replacement bond is filed. Trump is unlikely to get a replacement bond. Knight Spec will be liable AND Trump won’t have a stay [on enforcement],” he wrote.

    • @CharlesDarwin@lemmy.world
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      17 months ago

      I shudder to think what the repug party will manifest after donnie. It should be obvious that donnie did not make the repug party any different; they were always bad and on a trajectory of getting worse. People like Newt and Rush accelerated that for sure, along with platforms like hatriot radio and Faux “News”.

      I doubt they’ll course correct after mainlining someone like donnie for years, they will be chasing that dragon ever after and will never settle for methadone like ronnie raygun or Bush Sr/Jr or Romney or McCain…I imagine at some point donnie himself will be declared “woke” or a “RINO”, especially when I see him claiming he won’t vote for a federal ban on abortion.