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I feel like some people may be mentally damaged or simply lack critical thinking skills. Business is business and this entity obviously already has no qualms doing business with dumpy.
You get a bond like this contingent on other assets existing plus a fee. He owns real estate. This arrangement lets you leverage the equity in that real estate for a fee while someone else’s cash on hand is used. Let’s be realistic too, there’s next to no way he’s going to pay the full damages because most sane people wouldn’t think any amount of defamation is worth $83m+
Let’s pretend worse case scenario happens for dumpy and the 83m judgment is sustained and he exhausts all appeals and has to pay all parties for all damages based on all current lawsuits against him… unless he declares bankruptcy and truly loses it all - a thing that seems to have no hope of ever happening given none of the suits are for more money than he controls in assets… it’s all but guaranteed a signed contract will be enforceable should dumpy choose to not pay.
Ultimately it’s a secured debt. We’ll never know what the terms were from chubb corp.
Water is wet and this is just beating a dead horse. I’ve seen this same topic covered again and again and again.
Isn’t there anything more relevant to talk about? isn’t this supposed to be an election year?