In “What Could Happen As Trump Faces Deadline On Half-Billion-Dollar Bond” (The Washington Post, March 23, 2024), Pollock Cohen partner Adam Pollock discusses the options New York Attorney General Letitia James has claiming assets if former President Donald Trump’s fails to secure a bond for the multimillion-dollar civil fraud judgment against him.
Adam, a former assistant attorney general in New York noted that, “New York City marshals could go to Trump’s banks and drain his accounts at her behest ... and that she could also begin scheduling auctions of his properties in New York or filing liens against his properties in other states, a step toward acquiring them as well. To get the full amount, she may need to take more than one or two properties, and she would get to choose which ones to go after.”
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What Could Happen As Trump Faces Deadline On Half-Billion-Dollar Bond | The Washington Post
