Giulietti, who was hired by Trump to help him get a bond, wrote, "Despite scouring the market, we have been unsuccessful in our effort ... for the simple reason that obtaining an appeal bond for $464 million is a practical impossibility under the circumstances presented." O...
Former President Donald Trump deposited a bond of more than $91 million on Friday to appeal the$83 million judgment against him in the case brought by E. Jean Carroll, a writer he defamed after she accused him of sexual abuse, according to a court filing. Trump's attorneys notified the f...
In order to qualify for an automatic stay of the judgment as the appeal proceeds, Trump must fork over the entire amount as bond, known in the New York civil court system as an "undertaking." Trump has not posted the bond, according to a spokesperson for New York Attorney General Letitia...
I have never heard of nor seen an appeal bond of this size for a private company or individual,” Giulietti said. “After substantial good-faith effort over the last several weeks, obtaining an appeal bond for the Judgment Amount of over $464 million is just not possible under these circums...
Many defendants are able to get such a bond, but “judgments of this size are rare,” said Joshua Naftalis, a former federal prosecutor now in private practice. “What makes this one unusual is someone who is subject to an enormous amount of money and has to come up with it himself,...
In his request to the appeals court, Trump’s lawyers had said that the former president would be unable to secure the full amount for an appeal bond, in part due to the loan restriction imposed by Engoron and due to the costs and fees associated with a bond. They said the full cost...
(Reuters) -Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment ahead of Monday's deadline, three sources briefed on the matter...
Trump’s lawyers previously asked for the bond to be lowered to $100 million and told the court last week that it has proved “impossible” for Trump to attain a bond in the full amount required even after approaching 30 different underwriters. ...
Related article Trump must come up with the full bond amount to cover the $454 million civil fraud trial judgment, appeals court judge rules Meanwhile, the Supreme Court arguments could come while Trump is on trial in New York on criminal charges of falsifying business records as part of ...
Former President Trump is taking steps to appeal the defamation case brought by E. Jean Carroll by posting a substantial bond of nearly $92 million. This move comes in response to the January ruling that favored Carroll, resulting in an award of over $83 million in damages. The cas...