Trump facing a 'world of hurt' as he scrambles to get $175M bond accepted: expert
8 months, 2 weeks ago

Trump facing a 'world of hurt' as he scrambles to get $175M bond accepted: expert

Raw Story  

The paperwork for Donald Trump's $175 million bond was rejected by a court that determined key details were missing — and then New York Attorney General Letitia James challenged the "sufficiency" of the bond, saying that the surety backing it is not admitted in New York. Atlanta-based market economist Jon Gabrielsen said James could start seizing the cash in Trump's accounts if the bond is not posted by Monday's deadline. Trump posted a $175 million bond earlier this month to prevent the seizing of his assets while he appeals the $454 million civil fraud judgment that was leveled against him for inflating his assets. Since an appeals court lowered Trump's bond from around $454 million down to the $175 million figure, Gabrielsen says it might make it harder for Trump to negotiate if it turns out he can't come up with $175 million.

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Trump makes extra concessions on $175M bond in $450M civil fraud case: analysis
8 months ago

Trump makes extra concessions on $175M bond in $450M civil fraud case: analysis

Raw Story  

Former President Donald Trump accepted five new conditions demanded by New York Attorney General Letitia James in order to get his controversial $175 million bond accepted in his civil fraud case, according to a new analysis. "The new conditions were needed, prosecutors argued, because they didn’t trust the financial health of the insurance company, Knight Specialty Insurance, who posted the …

'Bond without effect': Trump warned Letitia James poised to grab assets as deadline nears
8 months, 2 weeks ago

'Bond without effect': Trump warned Letitia James poised to grab assets as deadline nears

Raw Story  

Former President Donald Trump and his legal team are reportedly running out of time to post the bond for appealing his civil fraud trial verdict before New York Attorney General Letitia James starts seizing his assets, according to a prominent real estate attorney. While New York state law requires that appealing a judgment requires a litigant to post bond equal …

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty
8 months, 3 weeks ago

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty

Associated Press  

NEW YORK — Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. Until the appeals court intervened to lower the required bond, New …

Trump fumes as $454m bond deadline looms, claims he has fine amount ‘in his bank account’
8 months, 4 weeks ago

Trump fumes as $454m bond deadline looms, claims he has fine amount ‘in his bank account’

Hindustan Times  

As Donald Trump's $454 million New York civil fraud judgment deadline approaches on Monday, March 25, the former US President launched a blistering attack on those who could seize his properties. Taking to Truth Social on Monday, Trump claimed that he had "done nothing wrong", adding that Judge Arthur Engoron and New York Attorney General Letitia James should not be …

'He'll do anything': Expert says Trump desperate to stop Letitia James seizing property
9 months ago

'He'll do anything': Expert says Trump desperate to stop Letitia James seizing property

Raw Story  

Donald Trump has until Monday to find a $454 million bond in his New York fraud judgment or face Attorney General Letitia James swooping in to seize his assets – and an expert said Friday he's desperate to stop that happening. Trump's lawyers claimed this week that finding the money to cover the judgment while he appeals it is a …

Ex-Trump Aide Says He’d Respond To Bankruptcy In 1 Whining Way: ‘I Can Hear It Now’
9 months ago

Ex-Trump Aide Says He’d Respond To Bankruptcy In 1 Whining Way: ‘I Can Hear It Now’

Huff Post  

LOADING ERROR LOADING Former Trump White House press secretary Stephanie Grisham on Wednesday said she could envision Donald Trump declaring bankruptcy in a bid to stall the seizure of his assets as the former president struggles to meet the bond to appeal the $464 million damages he owes following his civil fraud trial. CNN’s “OutFront” anchor Erin Burnett noted how …

Trump has '464 million reasons' to sell out to a 'scary' foreign patron: legal expert
9 months ago

Trump has '464 million reasons' to sell out to a 'scary' foreign patron: legal expert

Raw Story  

Donald Trump is moving closer to having his properties seized if he's unable to pay a $464 million fraud judgment or secure the same amount for a bond required to appeal, according to a legal expert. The former president says he approached 30 insurers but found none of them willing to post the bond, and some of his friendly right-wing …

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