Blacklock Advisory’s Post

Well, he should have thought of that before he made the judge upset, got in a team of inexperienced lawyers to upset the judge. He was entitled to a fair trail, and the judge was entitled to view his track record as relevant to the case (and his behaviour in court bears out that track record). Trump may not be lying when he said that it was practically impossible because no one wants to post bond for him - without onerous guarantees. Again his track record works against him. From the reading of the various reports, he can uncomfortably pay USD100m; and painfully pay USD450m. But selling in a down market? Based on his own inflated asset values, it will always be a down market when he goes to the market.

NEW from me for Forbes: With this one easy trick, Trump could have avoided his cash crunch from all his legal problems. Well, really two... he could have divested, or he could have invested his inheritance — either way, he'd be richer and in less legal hot water. Check out my story, and the math behind those scenarios, below! https://lnkd.in/e9pNn75u

My partner Adam Pollock provides some really thoughtful insights into this.

RKS partner Michael Hampson discusses one of the key elements of a fraud claim for defrauded investors seeking recovery of their losses in the Fifth Circuit in today's blog post.

“Cash sweeps” are clearly the latest hot topic for plaintiffs’ lawyers. A new round of lawsuits target Wells Fargo and LPL Financial again for their alleged practice of juicing their revenue by offering clients paltry returns on their uninvested cash. #financialplanning #investing #wealthmanagement

See below for insightful analysis from Matthew DiRisio, Michelle Tuma and Mia Uhunmwuangho on application of Comcast in putative securities class actions.

What will happen if Trump can't post a bond to stay judgment enforcement pending appeal? The AG will likely immediately restrain his bank accounts and serve restraining notices on those who owe him, or are holding his, money. And she will also likely seek turnover of real property he owns. The rub here will be to see whether he can successfully defend against execution of assets held in the name of non-debtor entities that he indirectly, but wholly or primarily, owns. The AG will surely aggressively pursue asset discovery, and move to have Trump held in contempt if he fails to comply. Justice Engoron has already held Trump in contempt for failing to comply with prejudgment discovery orders. And though unlikely here, the judge does have the authority to issue a warrant for Trump's arrest if he fails to comply with post-judgment discovery orders. John Moore and I had an identical case in front of Justice Engoron where we successfully persuaded the judge to issue a warrant for a judgment debtor's arrest after he refused to answer questions about his assets. We followed the playbook of this judge's prior Trump-contempt rulings, and brought about a swift and successful resolution for our client! #trump #arthurengoron #appellatelaw #judgment

Interesting times with many moving parts, no doubt Klaros Group! I'll have to read on to see what Brian Graham contributes to this CNBC article, thank you for sharing - there are many moving parts to this web. At first glance one bullet stood out, also underscoring how on-going rule making and regulations require a some understanding of "the economics of politics and globalized supply chains which impact all industrial & institutional sectors...." as I'll often refer to this in today's modernizing age of our Industrial 4.0 journey [on a global scale/FOMC]. Innovation is always a disruption to something/someone; but we need our [Leaders & Regulators] to navigate wisely [this time], IMO & Deja Vu for me it seems... 🔸️Banks, airlines, pharmaceutical companies and energy firms have found ways to undermine the power of federal agencies, according to legal experts. I'll definitely have to read the rest of this article, it looks insightful!

When will the stock brokerage firms put their customers first and spend the money on compliance? Mgmt has no excuse to allow a stock broker to steal from customers for 7 years before the SEC catches him. Don't be a customer, become our client. Call us for a different approach. #MLGWM #WealthManagement #FinancialPlanning #RetirementPlanning

When will the stock brokerage firms put their customers first and spend the money on compliance? Mgmt has no excuse to allow a stock broker to steal from customers for 7 years before the SEC catches him. Don't be a customer, become our client. Call us for a different approach. #MLGWM #WealthManagement #FinancialPlanning #RetirementPlanning