Judge Engoron closed the loopholes and removed opportunities that Donald Trump's folks built to disappear the collateral and approved the $175 million bond. The $175 million bond that Trump and his friend, Don Hankey, posted to stave off collections in his civil fraud judgment is good enough for Judge Engoron. — Read the rest
Attorneys for Donald Trump at a Monday hearing successfully defended the $175 million bond the former president secured in his New York state civil fraud case.
Lawyers for Donald Trump and the New York Attorney General's Office struck a deal Monday that will now keep the GOP frontrunner from having any access to the cash collateral for his $175 million civil-fraud bond.The agreement reached in civil court in Manhattan essentially moves the all-cash collateral to a Trump-proof lockbox. Only the bond underwriter, Knight Specialty Insurance Company, has the key.Previously, Trump and Knight shared control of the cash, a sticking point for the AG's...
The $175 million bond former President Trump posted to appeal the $364
New York Judge Arthur Engoron ruled Monday that the $175 million bond posted by former President Donald Trump for his civil fraud case can stand.
New York Attorney General Letitia James is urging state Judge Arthur Engoron to reject the $175 million bond former President Donald Trump is posting in his civil fraud case.According to MSNBC legal analyst Adam Klasfeld, James' filing says that Trump's bond fails to meet "requirements of trustworthiness and competence" and should therefore be held "without effect."Trump was found liable for over $450 million in the case earlier this year, after James demonstrated the former president and his...
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 for Trump.Josh Fiallo of The Daily Beast writes. "They noted that Knight had violated federal law on...
Former President Donald Trump won against New York Attorney General Letitia James in court on Monday regarding a question surrounding the $175 million bond Trump posted in the civil fraud case.
Former President Trump’s attorney and New York prosecutors have settled their differences over his bond in the state’s civil fraud case against the former president and his business. The deal
New York state lawyers and an attorney for former President Donald Trump settled their differences Monday over a $175 million bond that Trump posted to block a large civil fraud judgment while he pursues appeals. The agreement cut short a potential day-long court hearing in Manhattan that was to feature witnesses. As part of a deal struck during a 20-minute recess, lawyers for Trump and Knight Specialty Insurance Company agreed to keep the $175 million in a cash account that will gain interest...
A New York judge approved an agreement Monday to strengthen the $175
The New York attorney general’s office has asked a judge to void the $175 million bond former President Trump secured to put off paying the larger monetary damage award in his civil fraud cas