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Stock impact report

Trump's $540 Million Court Fine Tests His ‘King of Debt' Title [Yahoo! Finance]

Ladder Capital Corp Class A (LADR) 
Last ladder capital corp class a earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.laddercapital.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg BYD's New $233,450 EV Supercar to Rival Ferrari, Lamborghini A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists Freddie Mercury's London Residence Lists at £30 Million Jacob Rothschild, Financier and Philanthropist, Dies at 87 The former president owes about $540 million from two recent verdicts, a number that exceeds even some of the biggest loans he's taken out for his real estate empire. Trump is now a so-called judgment debtor, leaving him few options for avoiding or delaying those payments while he challenges them in court. Before any appeal can proceed, courts generally require trial losers to post what's known as a supersedeas bond equal to about 110% of a judgment. A judge could set the amount lower or higher. But Trump may have to commit almost $600 million in cash and other collateral for months or longer — if he can find someone willing to arrange such a bond. That squeeze on Trump's assets illustrates the financial ri Show less Read more
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