Trump’s lawyers wrote in a court filing that “obtaining an appeal bond in the full amount' of the judgment “is not possible under the circumstances presented.'
Donald Trump is right now on the hook for a $454 million dollar judgment following his loss in the civil fraud case brought by New York Attorney General Letitia James.His lawyers are trying to convince a judge to either put that on hold-- or decrease the amount-- while he files an appeal of the case, but they may not be successful."He is saying that he cannot come up with that amount of money," said former federal prosecutor Katie Cherkasky.
"We will seek a judgment-enforcement mechanism in court," James told ABC News in an interview last month. "And we will ask the judge to seize his assets."Trump is facing a March 25th deadline of paying that bond or else he runs the risk of losing-- even if temporarily-- some of his most prized possessions: his property, for example, trump tower. His office tower at 40 Wall Street is another possibility."The Trump properties are at risk of seizure," Cherkasky said.
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NY state asks court not to let Trump forgo $454M bond during fraud case appealNew York state lawyers are urging an appeals court not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals.
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NY state asks court not to let Trump forgo $454M bond during fraud case appealNew York state lawyers are urging an appeals court not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals.
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NY state asks court not to let Trump forgo $454M bond during fraud case appealNew York state lawyers are urging an appeals court not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals.
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