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March 25, 2024 at 6:45 pm

New York Appeals Court Intervenes at Last Minute to Lower Trump Appellate Bond and Remove AG Letitia James Restrictions on Trump Family Organization…

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by Sundance at The Conservative Treehouse

The New York State appeals court waited until the last minute to intervene and rule substantial modifications to the lower court ruling. [SEE pdf Here]

The timing here is transparently political.  The court could have intervened earlier with this decision but appears to have preferred to allow the Lawfare narrative the maximum amount of time to permeate the anti-Trump news cycle.  However, faced with the reality of a full appellate review later this year collapsing and reversing the underlying case, the NY court had few options other than timing their intervention.

The appeals court lowered the bond amount to the maximum possible in real terms.  Meaning the demand for a $454 million bond was never sustainable, explainable, or legally comprehensible under all precedent.  In reality it was an impossible bond for any organization to obtain, and ultimately that issue was going to lead to massive legal consequences within the New York state legal system.  They might hate Trump, but without intervention New York would be collapsing their corporate business structure.

The lower court ruling was stayed, and the bond was lowered to an obtainable $175 million for the appeal.  The lower court ruling against Trump organization officers was also stayed, allowing the corporate leadership of the various Trump organization LLCs to remain as they are.  All of the substantive elements of Judge Engoron’s verdict were stayed, pending appeal…

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