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New York Attorney General Letitia James reportedly has three ways to collect $454 million if former President Donald Trump does not post a bond to cover a civil fraud judgment by Monday.
Concerning real estate, Nager said the judgment would become a lien against Trump’s Manhattan properties due to their location in New York County, where James won in court. “For instance, if the Trump Organization — which is one of the Trump entities subject to the judgment — owns a property in Manhattan with tenants who pay rent, you can have their rental payments redirected,”James could then use the judgment to target Trump’s assets in other states through a process called “domesticating.
And this could end up going beyond the New York system. They could appeal this all the way to the Supreme Court. On occasion, the Supreme Court has intervened in state actions, for example, on punitive damages, and so that points damages can become so high they deny someone due process of law. This is falling into that extreme category, in my view. I find it appalling.
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