Citing rejections from more than 30 bond underwriters, Trump’s lawyers asked the state’s intermediate appeals court to reverse a prior ruling requiring that he post a bond covering the full amount in order to halt enforcement while he appeals the judgment in New York Attorney General Letitia James’ lawsuit.
Trump’s financial constraints are being laid bare as he appeals Judge Arthur Engoron’s February 16 ruling that he and his co-defendants schemed for years to deceive banks and insurers by inflating his wealth on financial statements used to secure loans and make deals.
If the appeals court does not intervene, James can seek to enforce the judgment starting March 25. James, a Democrat, has said she will seek to seize some of Trump’s assets if he is unable to pay.
7 of Donald Trump’s most bizarre businesses and products ever
7 of Donald Trump’s most bizarre businesses and products ever
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