Trump National Golf Club faces jeopardy following New York’s fraud judgment registration

Donald Trump’s New York Golf Club in Jeopardy

Former President ‍ Donald Trump faces potential asset seizure of his New York golf club by ​ State Attorney General Letitia James if ⁢he fails to meet the deadline for posting an appeal bond to cover a‍ hefty civil fraud trial judgment, recent records from Westchester County reveal.

“I look at 40 Wall St. each and every ⁣day.” – Attorney General Letitia⁢ James

State Intervention Looms

The Empire State secured a substantial $454 million judgment against Trump, with James ​formally registering the action on March 6. While the filing did not ‍specify the reason for registration or target specific assets, it lays the⁤ groundwork for potential liens on Trump National Golf Club Westchester and a vast Seven Springs estate spanning ⁤ 212 acres.

Critical Deadline Approaching

Trump must post the required bond by March 25 to‍ stave off the imminent risk ⁣of asset‌ seizure. Failure to comply with the deadline would empower state authorities to⁢ take control of Trump’s assets.

James made it⁤ clear that without the appeal bond in place by the looming ⁢deadline, she would not hesitate to swiftly enforce the judgment, signalling potential actions⁤ against Trump’s assets, including the Trump⁤ Building at 40 Wall‌ St. in New York City.

Legal Maneuvers and Potential Consequences

Should Trump ‌opt to file an appeal beyond Monday, the judgment enforcement could kick in promptly, enabling James to pursue‌ asset seizure, ​setting a swift chain ​of events in motion for the former president’s New York possessions.

By March⁢ 25, ‌a panel‍ of appeals court judges will deliberate on whether to pause the significant judgment while Trump contests the ruling. The outcome will significantly ​impact the course of action moving forward.

This is an ongoing narrative with updates to follow⁢ as events ⁣unfold.

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