Alina Habba's 'billionaire' boast bites her as she admits Trump can't pay cash bond
10 months, 1 week ago

Alina Habba's 'billionaire' boast bites her as she admits Trump can't pay cash bond

Raw Story  

Donald Trump's attorney Alina Habba had to eat her words Wednesday after admitting that the former president did not have the cash bond required to appeal his fraud trial ruling in New York. In a filing in federal court, lawyers for Trump asked to stay Justice Arthur Engoron's decision ordering the billionaire to pay a $454.2 million judgment in a fraud case brought by New York Attorney General Letitia James. The document said that Trump would need to sell his properties to come up with the cash to pay a bond required for his appeal to go forward. "In the absence of a stay on the terms herein outlined," the filing noted, "properties would likely need to be sold to raise capital under exigent circumstances, and there would be no way to recover any property sold following a successful appeal and no means to recover the resulting financial losses from the Attorney General."

History of this topic

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