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Trump’s Lawyer Requests Mercy Due to Lack of Funds
In a recent development, Alina Habba, Donald Trump’s lawyer, has written a letter to the judge requesting leniency as Trump allegedly does not possess the required $91 million for the E. Jean Carroll judgment bond.
Request for Additional Time
The letter, aiming for a delay in judgment, appeals to Judge Lew Kaplan, who is yet to decide on Trump’s plea to stay enforcement of the $83.3 million E. Jean Carroll judgment amid ongoing post-trial motions. Habba has urged for some leniency, particularly highlighting that the current stay is set to lapse by Monday. If Kaplan’s ruling prolongs beyond the given timeframe, Habba suggests that enforcement of the judgment be withheld for an additional three business days post the judge’s final decision.
What does this signify? Trump appears to encounter hurdles in securing the necessary bond exceeding $91 million, essential to cover the judgment and associated interest. Anticipating a potential rejection of the request for an extended stay, Trump’s legal team seemingly aims to buy time to gather the required funds or liquidity.
Struggles with Financial Obligations
Trump’s financial predicament has been evident through his challenges to meet the bond requirements for the E. Jean Carroll verdict. Despite his efforts to delay proceedings, the courts have not been receptive to Trump’s appeals given his inability to furnish the essential bond for appealing the judgments issued against him.
E. Jean Carroll has been assertive in her pursuit of the owed funds, signaling a time constraint. In the absence of a judicial stay, there is a possibility that E. Jean Carroll may initiate asset seizure procedures to recover the outstanding amount from Trump.
Despite securing the nomination on Tuesday, Trump finds himself entangled in a web of legal complications on Wednesday, with financial burdens looming over him.
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