New York Attorney General Letitia James is ready to seize former President Donald Trump’s iconic New York City buildings if he can’t come up with the cash to pay his $355 million civil fraud fine, a new report shows. "If he does not have funds to pay off the judgment, then we will seek judgment enfo…

  • Flying Squid
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    1754 months ago

    I don’t know… maybe she should give him until the end of the summer.

    Of course, they could also sell fireworks out of there for Independence Day…

      • @halcyoncmdr@lemmy.world
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        254 months ago

        Maybe a one-time exception needs to be made. I’m sure NYC would be collectively celebrating if he’s forced to clear out of there.

      • Flying Squid
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        54 months ago

        It’s not legal where I live either, but stores open up selling them anyway. 🤷

        Would a flea market full of cheap illegal Chinese counterfeits of high-end fashion items work?

      • Spaz
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        14 months ago

        Sell them to be used in trumps formerly owned buildings 😉

      • @dodgy_bagel@lemmy.blahaj.zone
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        4 months ago

        Actually, the supremacy clause of the constitution protects any state or federal law enforcement from taking place on property owned by the president (or former president). It’s kinda like the reservation system- in fact I think Andrew Jackson “bought” all native land for $1, which enabled the formation of indian reservations.

        [EDIT:] Source: LibraryOfCongress.gov/intrastate-commerce-clause

          • Flying Squid
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            64 months ago

            Unfortunately, not anymore. They didn’t put his latest show on YouTube. I got it by sailing the high seas.

            But I’ll sign up for their stupid service if they do that in exchange.

            • SkaveRat
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              44 months ago

              HBO just made them release it on Thursday now

              They are trying to get it back to Monday according to John on Twitter, but who knows

              • Flying Squid
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                24 months ago

                I might as well just get it another way if I have to wait that long for a topical show to drop.

    • @AngryCommieKender@lemmy.world
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      84 months ago

      They should treat his property as respectfully as he treated the historic landmark and art that used to be there when he acquired the property. Demo it with his shit inside.

      • Flying Squid
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        94 months ago

        Unfortunately, that wouldn’t be proportional enough. Nothing he has is of any value or has any artistic merit. It’s gaudy and everything is covered in fake gold.

        But it should happen anyway.

        • @LocoOhNo@lemmus.org
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          24 months ago

          I wonder why he bought Mar-a-Lago from Marjorie Post? Couldn’t be that she was a collector of imperial Russian art, could it? How much of that ended up going to Putin over the years?

    • SuperDuper
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      34 months ago

      If it’s what you say I love it, especially later in the summer

    • @someguy3@lemmy.world
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      4 months ago

      I know it’s a joke, but they seize them and then put it up for sale. So they’ll get the highest market price someone is willing to pay. (Now if anyone knows how they deal with debt on the property let me know.)

      • @JeeBaiChow@lemmy.world
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        4 months ago

        Hm… sounds like the Saudis may well end up with a way to bail him out then.

        Edit: come to think of it, what’s to stop Jared and Ivanka from picking up this bill, effectively keeping the property in the family?

        • @TastehWaffleZ@lemmy.world
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          264 months ago

          Nothing stops them from bidding on the property but if they have the money they could just give it to him so the property wouldn’t be auctioned to begin with

        • @protist@mander.xyz
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          94 months ago

          $355 million is a lot of money, especially when he also has other significant judgements against him and a ton of pending legal issues that will require many more millions in attorneys’ fees

      • @mkwt@lemmy.world
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        4 months ago

        Any debt leftover after the sale is still owed by the debtor (i.e. big orange one). Of course, if that debtor has no other assets left, you’re probably not going to get paid.

        As far as I know (not a lawyer, not your lawyer), some legal judgements can be discharged in bankruptcy, while others cannot. I don’t know about this judgement. As an example, I believe OJ Simpson is still evading a wrongful death judgement that he cannot escape through bankruptcy.

        Another wrinkle: usually in order to appeal a judgement, you have to post an appeal bond that covers the value of the judgement. And the deadlines to do that are often very, very short.

      • sik0fewl
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        34 months ago

        I’m pretty sure they’d have to pay off the creditors first.

  • JaysynOP
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    524 months ago

    And E. Jean Carroll is about to sue his dumb ass again for remarks made earlier this week.

  • @YurkshireLad@lemmy.ca
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    484 months ago

    He’s hawking his golden boots and someone started a GoFund Me campaign for him. Who knows what will happen!

  • @Rapidcreek@lemmy.world
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    214 months ago

    When Letitia James said that she wouldn’t run for Governor, Kathy Hochul said…

    “That’s really bad news for Trump and the NRA”

  • PatFusty
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    44 months ago

    I thought Trump doesn’t officially own the trump towers? I don’t think he owns anything officially in his own name

      • PatFusty
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        24 months ago

        I don’t think this is how it works. I don’t think Trump owns ‘shares’ of GMAC or any of the properties that other people purchased.

    • @bloup@lemmy.sdf.org
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      34 months ago

      No he definitely has a pretty substantial real estate portfolio. However, most properties bearing his name are just licensing it and are not owned by him. It’s a good point to make though. I was thinking myself that it will be funny if this makes it very apparent how much Trump has sold his own name out.

    • JaysynOP
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      24 months ago

      Not even looking at entire buildings, Trump owns something like 1400 apartments in NYC alone.