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Trump seeks to post $100 million bond in fraud appeal, fraction of total judgement

  • Attorneys for Donald Trump said the former president and his co-defendants plan to post a $100 million bond to pause the enforcement of their civil fraud trial judgment.
  • To secure a "complete" appeal bond would be "impossible," the defense lawyers wrote in a court filing in the appellate division of Manhattan Supreme Court.
  • Judge Arthur Engoron ordered the defendants to pay more than $464 million as part of the judgment finding Trump, his two adult sons, the Trump Organization and executives liable for business fraud.
  • New York Attorney General Letitia James said Trump "all but concedes" that he "has insufficient liquid assets to satisfy the judgment."

Attorneys for Donald Trump on Wednesday said the former president and his co-defendants plan to post a $100 million bond to pause enforcement of their civil fraud judgment — though that is just a fraction of the total amount that they have been ordered to pay.

To secure a "complete" appeal bond — which could cost more than $550 million — would be "impossible," the defense lawyers wrote in a court filing to the appellate division of Manhattan Supreme Court.

New York Attorney General Letitia James, who brought the fraud case, urged the appeals court later Wednesday to deny Trump's bid to stay the judgment.

"There is no merit" to the claim that "a full bond is unnecessary because they are willing to post a partial undertaking of less than a quarter of the judgment amount," James wrote.

"Defendants all but concede" that Trump "has insufficient liquid assets to satisfy the judgment," she wrote.

James highlighted a claim from Trump's attorneys that "properties would likely need to be sold to raise capital under exigent circumstances" if their terms for a stay are denied.

The

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