On Wednesday, Trump’s lawyers wrote to Engoron asking the judge to delay enforcing the penalty for one month in order to allow an “orderly post-judgment process.”
The dispute is regarding the timing of when a court clerk enters Engoron’s final judgment, which triggers the enforcement of a penalty and a 30-day window in which Trump can pay the penalty or post a cash bond to appeal the decision.
Trump’s defense lawyer Clifford Robert accused James’ office of being in an “unseemingly rush” to make Engoron sign the final judgment which “violates all accepted practice” in New York state court.
“Defendants request the Court stay enforcement of that Judgment for 30 days,” Robert wrote.
“Given that the court-appointed monitor continues to be in place, there is no prejudice to the Attorney General in briefly staying enforcement to allow for an orderly post-Judgment process, particularly given the magnitude of Judgment.”
While sharing the delay request from Trump’s legal team, Ben Meiselas, an attorney and co-founder of the liberal news website MeidasTouch, posted on X, formerly Twitter: “Translation: I don’t have $400 million in cash to post a bond.”
Ray Loewe, who frequently criticizes Trump in social media, added: **”This could signify that Trump is having cash flow problems as payment in full or bond posting must be done in 30 days.”**
Trump’s legal team has been contacted for comment via email.
——–
# What’s Next?
It is unclear if Engoron will agree to delay the start of when Trump must pay the $355 million or post the cash bond to appeal.
Fellow Trump lawyer Christopher Kise previously said that the former president will appeal the judge’s ruling, and told *Newsweek* Trump “remains confident the Appellate Division will ultimately correct the innumerable and catastrophic errors made by a trial court untethered to the law or to reality.”
But he said he had 400m in cash on hand, surely donny john wouldn’t lie about his wealth?!?!
Real estate people do not have this much cash on hand, nor do they have property that is owned free and clear, with no loans against them. Donald is struggling to make this work. Guaranteed.
Between all of the judgements and interest it’s closer to 600,000.
Cash poor takes on new meaning here. And remember, most of his properties have loans. So NYS isn’t even the first lien holder in this case or case of potential bankruptcy.
Time to switch from Diet Coke to Diet Great Value Cola soda
Would this make him guilty of perjury when he claimed to have the cash in deposition?
Maybe he has it but he already hit his ATM withdrawal limit for the day
Well, at least his orange jumpsuit will match his orange skin when he gets to jail
“You got to pay. You got to pay your bills.”
Donald Trump, February 2024.
His team have known for months this was a likely occurrence. He was found liable already, it was just a question of exactly how much.
So when its clear he doesn’t have the liquid assets that he needs, are the banks, who he has loans with that require him to maintain said liquidity, going to call their loans?
He lied under oath in his deposition???
Cue shocked Pikachu face.
Maybe Jared can lend him some of those Saudi billions.
They said I didn’t have the cash for the bond, incredible, I mean a Trump not having cash—what happened was, I needed a little more time, I have very good finance, very good, but I needed—so I asked for more time—and now it’s so phony and fake because the failing newspapers say, oh, Trump doesn’t have the cash! Trump broke! Trump failing, with the, this and that! Da da da Trump very bad, kaboom! It’s so fake because they don’t even—I mean they all know I have the money, I have the money, they know it, I have it very strongly, no problems, but we’ll be filing a strong lawsuit over a very short period because the people, what they’re doing is interference and it’s so wrong and bad, believe me, and it has to be stopped, because they’re lying and it’s stupid and boring and they shouldn’t be allowed to say it, believe me.
He’s not worried because his pal Ollie Gark will come through again and make up the difference in return for future favors.
No. Like he said when he started he is going to drain the swamp. The swamp he is referring to the RNC budget.
>”Unfortunately, they picked the wrong guy to pick on, in my opinion, because he’s strong, he’s resilient and he happens to have a lot of cash.”
Apparently not.
probably has the assets though
One thing I have observed with these trump court cases is that the harder he fights the more it costs him.
That sneaker money is bound to start rolling in any day now
His cash is under audit, when the audit is done he can release it.
tRump is confident that Mar-a-Lago is worth “between $426.5 million to $612.1 million” so he should have no problem securing a bond.
Notable though: Palm Beach County assessor had appraised Mar-a-Lago’s market value to be between $18 million and $27.6 million 😂 “an overvaluation of at least 2,300 percent.” What a stupid old coot.
Start seizing assets. ALL of ’em.
Man convicted of lying about his wealth found to be lying about his wealth when challenged about paying debt due to lying about his wealth.
How many days until the N.Y. AG can take his property? I have never thought of Trump as a wealthy man; rather, a well leveraged man. When you owe the bank $100,000 you have a problem. When you owe the bank $1 billion, then the bank has a problem.
He has $40k, but because of brand recognition that’s actually worth $400m.
Even a petty billionaire would have trouble paying that much, but he’s a con-man and a cheat. He never truly earned that money in the first place so he was never really a multi-billionaire. He was still born with a silver spoon, but he squandered it on scams and laziness.
A billionaire who needs time to come up with $400M?
I don’t think having a president who is hundreds of millions of dollars in debt is good for national security.
35 comments
Dead beat thug
Why doesn’t he tap up daddy Pootin for a loan?
r/trumpispoor
He doesn’t have the cash, and my bet is that he’s finding it very difficult to secure a loan.
He said he was liquid for $400M so I assume he had about $4M.
From [Ewan Palmer](https://www.newsweek.com/authors/ewan-palmer)
# What We Know
On Wednesday, Trump’s lawyers wrote to Engoron asking the judge to delay enforcing the penalty for one month in order to allow an “orderly post-judgment process.”
The dispute is regarding the timing of when a court clerk enters Engoron’s final judgment, which triggers the enforcement of a penalty and a 30-day window in which Trump can pay the penalty or post a cash bond to appeal the decision.
Trump’s defense lawyer Clifford Robert accused James’ office of being in an “unseemingly rush” to make Engoron sign the final judgment which “violates all accepted practice” in New York state court.
“Defendants request the Court stay enforcement of that Judgment for 30 days,” Robert wrote.
“Given that the court-appointed monitor continues to be in place, there is no prejudice to the Attorney General in briefly staying enforcement to allow for an orderly post-Judgment process, particularly given the magnitude of Judgment.”
While sharing the delay request from Trump’s legal team, Ben Meiselas, an attorney and co-founder of the liberal news website MeidasTouch, posted on X, formerly Twitter: “Translation: I don’t have $400 million in cash to post a bond.”
Ray Loewe, who frequently criticizes Trump in social media, added: **”This could signify that Trump is having cash flow problems as payment in full or bond posting must be done in 30 days.”**
Trump’s legal team has been contacted for comment via email.
——–
# What’s Next?
It is unclear if Engoron will agree to delay the start of when Trump must pay the $355 million or post the cash bond to appeal.
Fellow Trump lawyer Christopher Kise previously said that the former president will appeal the judge’s ruling, and told *Newsweek* Trump “remains confident the Appellate Division will ultimately correct the innumerable and catastrophic errors made by a trial court untethered to the law or to reality.”
It has been speculated that Trump may have to [sell off some of his real estate empire ](https://www.newsweek.com/donald-trump-new-york-fraud-trial-letitia-james-judgment-payment-1871866)in order to fully pay the penalty issued to him by Engoron.
James has previously threatened to[ “seize” some of the former president’s assets ](https://www.newsweek.com/letitia-james-has-her-eye-one-trumps-buildings-1872073)if he cannot pay the penalty.
Better start selling a LOT more NFTs and shoes…
But he said he had 400m in cash on hand, surely donny john wouldn’t lie about his wealth?!?!
Real estate people do not have this much cash on hand, nor do they have property that is owned free and clear, with no loans against them. Donald is struggling to make this work. Guaranteed.
Between all of the judgements and interest it’s closer to 600,000.
Cash poor takes on new meaning here. And remember, most of his properties have loans. So NYS isn’t even the first lien holder in this case or case of potential bankruptcy.
Time to switch from Diet Coke to Diet Great Value Cola soda
Would this make him guilty of perjury when he claimed to have the cash in deposition?
Maybe he has it but he already hit his ATM withdrawal limit for the day
Well, at least his orange jumpsuit will match his orange skin when he gets to jail
“You got to pay. You got to pay your bills.”
Donald Trump, February 2024.
His team have known for months this was a likely occurrence. He was found liable already, it was just a question of exactly how much.
So when its clear he doesn’t have the liquid assets that he needs, are the banks, who he has loans with that require him to maintain said liquidity, going to call their loans?
He lied under oath in his deposition???
Cue shocked Pikachu face.
Maybe Jared can lend him some of those Saudi billions.
They said I didn’t have the cash for the bond, incredible, I mean a Trump not having cash—what happened was, I needed a little more time, I have very good finance, very good, but I needed—so I asked for more time—and now it’s so phony and fake because the failing newspapers say, oh, Trump doesn’t have the cash! Trump broke! Trump failing, with the, this and that! Da da da Trump very bad, kaboom! It’s so fake because they don’t even—I mean they all know I have the money, I have the money, they know it, I have it very strongly, no problems, but we’ll be filing a strong lawsuit over a very short period because the people, what they’re doing is interference and it’s so wrong and bad, believe me, and it has to be stopped, because they’re lying and it’s stupid and boring and they shouldn’t be allowed to say it, believe me.
He’s not worried because his pal Ollie Gark will come through again and make up the difference in return for future favors.
No. Like he said when he started he is going to drain the swamp. The swamp he is referring to the RNC budget.
>”Unfortunately, they picked the wrong guy to pick on, in my opinion, because he’s strong, he’s resilient and he happens to have a lot of cash.”
Apparently not.
probably has the assets though
One thing I have observed with these trump court cases is that the harder he fights the more it costs him.
That sneaker money is bound to start rolling in any day now
His cash is under audit, when the audit is done he can release it.
tRump is confident that Mar-a-Lago is worth “between $426.5 million to $612.1 million” so he should have no problem securing a bond.
Notable though: Palm Beach County assessor had appraised Mar-a-Lago’s market value to be between $18 million and $27.6 million 😂 “an overvaluation of at least 2,300 percent.” What a stupid old coot.
Start seizing assets. ALL of ’em.
Man convicted of lying about his wealth found to be lying about his wealth when challenged about paying debt due to lying about his wealth.
How many days until the N.Y. AG can take his property? I have never thought of Trump as a wealthy man; rather, a well leveraged man. When you owe the bank $100,000 you have a problem. When you owe the bank $1 billion, then the bank has a problem.
He has $40k, but because of brand recognition that’s actually worth $400m.
Even a petty billionaire would have trouble paying that much, but he’s a con-man and a cheat. He never truly earned that money in the first place so he was never really a multi-billionaire. He was still born with a silver spoon, but he squandered it on scams and laziness.
A billionaire who needs time to come up with $400M?
I don’t think having a president who is hundreds of millions of dollars in debt is good for national security.