Letitia James contended the bond company may not have enough resources to pay.

Lawyers for the New York Attorney General asked Judge Arthur Engoron on Friday to reject former President Donald Trump’s $175 million bond for his civil judgment and require him to post a new one within seven days.

Letitia James contended that the former president failed to demonstrate that Knight Specialty Insurance Company, the company behind his bond, had the resources to pay the bond if Trump’s appeal failed.

In February, Engoron determined that Trump and his co-defendants engaged in a decade-long scheme to inflate the former president’s net worth to get better business deals and interest rates on loans.

    • Madison420@lemmy.world
      link
      fedilink
      arrow-up
      14
      ·
      7 months ago

      Very true, what’s Trump’s position on taking the fifth? Iirc its both “guilty people plead the fifth” and “on advice of counsel I plead the fifth”.

    • jkrtn
      link
      fedilink
      arrow-up
      3
      ·
      7 months ago

      Actually, let’s go ahead and conflate it, since we aren’t representatives of the government and this guy is obviously shady.

    • SkyezOpen@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      7 months ago

      Well, not relevant because that guy isn’t on trial, but in civil trials you CAN make an adverse inference from someone pleading the 5th.