LogFAQs > #979724590

Weird update in the NY Civil Fraud case.

The court rejected the bond Trump obtained and basically said "you didn't fill out the forms correctly." Earlier yesterday this sounded to be like an embarrassing but easily fixable clerical stuff like forgetting to put down power of attorney and shit but it got a little more intriguing late last night.

Seems to be that the court wants the bond company (not Trump) to provide its current financial statement in order to make sure they're legit for the bond.

https://twitter.com/lawofruby/status/1775696709290496015

Text of thread for those like me who have a hard time getting the whole thing without a Twitter account (courtesy of threadreader)

Today, I learned that the court filing reflecting Trump's bond in the civil fraud case was "returned for correction" and specifically, for the inclusion of a current financial statement and power of attorney. But all is not what it seems. 1/

The financial statement that is missing does not seem to be Trump's. Rather, the court appears to be demanding these documents from Knight Specialty Insurance Co. to ensure that company is sufficiently capitalized and authorized to post the bond. 2/

As of tonight, those documents do not appear on the docket. 3/

Meanwhile, we still don't know what fee Trump paid for the bond or exactly what collateral he pledged, especially as Don Hanley gave slightly different accounts to various media outlets. 4/

But you know who likely DOES have all of those details? Retired federal judge Barbara Jones, the court-appointed monitor in the case. Under a 3/21/24 order, the Trump Org must give her advanced notice of their efforts to secure surety bonds. 5/

Image The information she is entitled to includes "any financial disclosures requested or required, any information provided in response to such requests, any representations made by the Trump Org. in connection with acquiring such bonds" 6/

"any personal guarantees made by any of the defendants, & any obligations of the Trump Organization required by the surety." 7/

And I can think of a courtroom full of journalists, as well as a bunch of lawyers in the New York Attorney General's office, who would love to know what Barbara Jones presumably knows right now. FIN

I highly doubt this causes the whole thing to blow up and we probably see them getting this worked out today but uh... I guess technically the clock is still running with the deadline being midnight tonight AFAIK.