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Tarkanian: If I have to post a bond against $17 million judgment, I’ll probably go bankrupt
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Race
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Contributor | RP |
Last Edited | RP Aug 14, 2012 05:16pm |
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Category | Legal Ruling |
Author | Jon Ralston |
News Date | Tuesday, August 14, 2012 05:50:00 PM UTC0:0 |
Description | In a court filing Monday, congressional hopeful Danny Tarkanian argued that he and his family are "incapable" of obtaining a bond against a $17 million judgment and that it would "lead to financial insolvency."
A federal judge in California will now have to decide whether to impose the bond requirement -- some experts say it could be as much as $3 million -- on Tarkanian and his family as he appeals the judgment, which came down in May. |
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