The defendants in the case deny the claims.
Former president Donald Trump’s lawyers kept pressing an appellate court to excuse him from covering a 454 million US dollar fraud lawsuit judgment for now, saying he would suffer “irreparable harm” before his appeal is decided.
Mr Trump’s lawyers want the court to hold off collection, without requiring him to post a bond or otherwise cover the nine-figure judgment, while he appeals the outcome of his recent civil business fraud trial. They added that underwriters insisted on cash, stocks or other liquid assets instead of real estate as collateral and wanted 120% of the judgment, or more than 557 million US dollars.
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