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struggle4progress

(118,701 posts)
Sun Apr 7, 2024, 11:45 AM Apr 2024

$175M bond might implode [View all]

By Thomas Kika
Weekend Staff Writer

The bond payment that ... Trump attempted to post ... may be headed for an implosion, according to ... Glenn Kirschner ...

... New York Attorney General ... James ... raised questions about the "sufficiency" of the bond and noted that the surety backing it, Knight Specialty Insurance Company (KSIC), is not admitted in New York, meaning it's ineligible to obtain a certificate of qualification ... KSIC has refiled ....

"With Judge Engoron setting a hearing on April 22 to pull back the curtain on this 'bond' that Don Hankey gave to Donald Trump, $175 million bond, I'm quite sure that Attorney General Tish James and Judge Engoron will get to the bottom of what this bond really involves," Kirschner said. "And they'll figure out whether this bond involves any financial, you know...'hankey-pankey."

https://www.newsweek.com/donald-trumps-175m-bond-may-about-implode-legal-analyst-suggests-1887712

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