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Team Orange tell judge they can’t come up with $464 million

Fat former President Trump’s lawyers on Monday informed Manhattan Judge Arthur Engoron that they can’t come up with the $464 million bond to appeal the judgment against his corrupt business empire, asking Engoron to consider that as a reason to stay the execution of the judgment.

“In deciding whether to enter a stay, the Court may consider ‘any relevant factor, including the presumptive merits of the appeal and any exigency or hardship confronting any party.” Here, Defendants’ ongoing diligent efforts have proven that a bond in the judgment’s full amount is ‘a practical impossibility.’ These diligent efforts have included approaching about 30 surety companies through 4 separate brokers. A bond requirement of this enormous magnitude – effectively requiring cash reserves approaching $1 billion – is unprecedented for a private company. Even when it comes to publicly traded companies, courts routinely waive or reduce the bond amount.”

“Enforcing an impossible bond requirement as a condition of appeal would inflict manifest irreparable injury on Defendants, and ‘defeat or impair [this Court’s] appellate jurisdiction.’ By contrast, waiving the bond requirement will impose no cognizable harm on the Attorney General. The case involves no actual victims and no award of restitution, and she is fully protected by Defendants’ real-estate holdings. This factor alone warrants a stay,” the lawyers wrote and lol he’s so fucked.

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