Judge denies Trump request to post $100M bond instead of 'impossible' $464M penalty in N.Y. fraud case

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Judge denies Trump request to post $100M bond instead of 'impossible' $464M penalty in N.Y. fraud case
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Adam Reiss is a reporter and producer for NBC and MSNBC.

A New York appeals court judge on Wednesday denied a request by former President Donald Trump’s attorneys to delay enforcement of the recent $464 million judgment against him, his sons and his company. Trump's lawyers had asked the judge to instead allow the former president to post a $100 million bond instead of the statutorily required full amount. In a brief ruling after an emergency hearing, Justice Anil C.

The dollar amount includes the prejudgment interest that accrued on Engoron’s more than $350 million award against Trump and the Trump Organization for having routinely inflated their assets to get bank loans at rates they weren't entitled to. The interest will continue to grow by over $114,000 a day until it’s paid or Trump wins his appeal. Singh's order set an expedited briefing schedule for Trump's stay motion, with final filings due by March 18.

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