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Stock impact report

Why Seizing Trump's Assets Won't Be Quick—Or Easy [Forbes]

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: Forbes
Here's what could happen next. O n Monday, Donald Trump's lawyers revealed in a legal filing that Trump had failed to secure the $464 million appeals bond he needs to avoid paying the half-billion-dollar penalty as he appeals the New York civil fraud judgment against him. Securing the bond was a “practical impossibility,” they wrote, adding that about 30 different bond companies turned down the former commander-in-chief's request, in part because very few will consider “a bond of anything approaching that magnitude” and the rest will not accept “hard assets such as real estate as collateral.” Trump is now asking the five-judge appeals court panel to pause enforcement of the civil judgment or to lower the bond amount to $100 million while the appeals court hears his case. Trump is running out of time. New York Attorney General Letitia James has said that her office plans to collect from him on Monday, March 25. Unless Trump is able to obtain an appeals bond before then, New York pro Show less Read more
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