Donald Trumpdoes not have enough cash to obtain an appeal bond that would prevent New York's attorney general from seizing his real estate assets to satisfy a $454 million civil fraud judgment, his lawyers indicated in a court filing Monday. Trump's lawyers in the filing said...
starting with when the defendant is notified that judgment has beenofficially entered. By filing the notice, defendants also obtain a stay on enforcement of the judgment, pending appeal — so long as they post an “undertaking” (e.g., a surety bond or cash) equivalent to the amount in...
Former President Trump must post nearly half a billion dollars by Monday if he wants to appeal the outcome of his New York civil fraud trial. Trump insists he has the money, but is using a "substantial amount" for his presidential campaign. Sha
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...
Trump Fails to Secure Bond for $454 Million Judgment in Civil Fraud Case as Asset Seizures Loom More Reuters FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump speaks on stage during a campaign rally tonight in Richmond, Virginia...
In Trump's civil fraud judgment, the bond would stave off the state's seizure of his assets while he appeals Justice Arthur Engoron's Feb. 16 judgment against him. A bonding company would be on the hook for any payout if Trump loses an appeal and ...
Why Trump's properties can't save him from his massive bond problem March 23, 202408:12 UP NEXT New York AG rejects Trump’s request to toss $470 million civil fraud judgement 01:11 'Laughable': Trump's fraud case not likely to change despite dubious plea from h...
On Monday, his attorneys said he's unlikely to secure a bond for the nearly half-billion he and other defendants need to pause a judge's February ruling in a New York civil fraud case. That admission comes about a week after Trump posted a $91 million bond to appeal the judgment issued...
An insurance broker, Gary Giulietti, who testified for Trump during the civil fraud trial, signed an affidavit stating that securing a bond in the full amount “is a practical impossibility.” Potential underwriters are seeking cash to back the bond, not properties, according to Trump’s lawyers...
Trump gets partial victory on bond: Donald Trump had a big day of legal developments in New York on Monday. An appeals court ruled he can have 10 additional days to pay a reduced $175 million bond to appeal the $464 million civil fraud judgment against him, his adult sons and his compa...