You know that corrected bond Trump has filed today? Well, Tish James’s team has now made a filing of their own, asking, under a NY law, for a justification of the surety. What does that mean? iapps.courts.state.ny.us/nyscef/ViewDoc…
They aren’t satisfied that the surety is sufficient to cover the $175 million, if called on to pay. So they are demanding more information within the next 10 days, potentially including more information about how the bond is collateralized. Stay tuned.
@lawofruby Hankey is a major shareholder in Axos Bank, which refinanced the loans on Trump Tower and Doral in 2022. And Hankey says he has never met or spoken to Trump. Something is hinkey Hankey.
@lawofruby The company has to be ok’d by the state. If they aren’t, the bond’s no good. That’s a law in surety bonding. I think the company is not Staye approved or has not provided verification. Delays by 10 days other actions.
@lawofruby Tish James is like, um, not so fast.
@lawofruby Does trump get another 10 days now???
@lawofruby It means she is desperate and knows what’s coming her way next
@lawofruby Letitia James isn't mincing words or backing down from Trump's antics. Her filing to ensure the financial soundness of the company behind his $175M bond is a power move. After all, when dealing with Trump, you've got to make sure even his money has a solid foundation. 💸🔍 🤣