• Optional@lemmy.world
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    7 months ago

    The bond will likely be very costly. While courts have discretion in setting exactly how much is required for a bond, New York courts typically require up to 120% of the judgment, including all pre-judgment interest. That means he could have to post a bond for well over $500 million.

    No problem, no problem. The guy’s “a billionaire” right? Okay, he pays the court what it’s owed, and, uh, he’s still got a cool half a billion to, y’know buy chewing gum and fly his little plane around and that. Piece o’ cake.