Tag

Legal Judgments

All articles tagged with #legal judgments

politics1 year ago

"Trump's Financial Dilemma: Exploring Options to Settle $540 Million Legal Judgments"

Donald Trump is facing legal judgments totaling nearly $540 million and is exploring options to secure the funds without having to put up the full amounts in cash or bonds. His lawyers claim that he can't simply post a cash deposit and suggest that he could offer up some of his properties as collateral to borrow the needed funds from private lenders. However, the challenge lies in finding clean real estate assets that are not already securing other loans. Trump has until March 25 to post an "undertaking" to stop the penalties from taking effect during his appeal, and he may need to consider selling off properties to raise the necessary capital.

politics-legal-finance1 year ago

"Trump's Financial Struggles: How He Could Raise Half a Billion Dollars to Settle Judgments"

Donald Trump is facing a cash crunch as he seeks to raise over half a billion dollars to satisfy judgments against him. With deadlines looming, including an $83.3 million defamation case and a $454 million civil fraud case, Trump's lawyers are exploring options such as selling properties, tapping capital markets, or finding another source of cash. The former president's ability to raise funds is complicated by his legal and financial troubles, including four criminal indictments, and the reluctance of major banks to lend to him. Trump's attorneys are also considering the possibility of securing a bond, but the sheer size of the judgments presents practical challenges in coming up with the required cash.