Professor Gregory Germain spoke with Distinguished Visiting Lecturer David Cay Johnston for an article on bankruptcy options for former President Trump.

Professor Gregory Germain spoke with Distinguished Visiting Lecturer David Cay Johnston for an article on bankruptcy options for former President Trump.

In the DC Report article “Trump’s Legal Delay Tactics Will Lead To Further Self-Destruction”, Germain says what Trump can achieve in bankruptcy is delays, but almost certainly not escaping paying, assuming he has the assets to fulfill the judgments against him.

Germain notes that Trump could put his company, the Trump Organization, into bankruptcy, but that would not help him because he is personally liable as the sole owner for the judgments in all three cases.