Former President Trump’s $175 million bond judgment stemming from his non-jury civil trial will stand, a New York judge ruled Monday after New York Attorney General Letitia James attempted to invalidate it. Lawyers for James on Monday argued that the court should void Trump’s slashed judgment of $175 million in his non-jury civil fraud trial. James questioned whether the company that posted the massive bond, Knight Specialty Insurance, could actually pay the bond if needed. The court, though,...
New York Attorney General Letitia James is pushing the judge in former President Donald Trump's civil fraud case to void the $175 million bond that Trump previously posted to appeal his New York civil lawsuit. In her 26-page filing obtained by Fox News Digital, James questions whether the insurance company has sufficient funds to back it up. Trump’s bond was posted by California-based Knight Specialty Insurance Company (KSIC), but James argued that the insurer was "not authorized" to write...
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.
New York Attorney General Letitia James on Friday asked that a judge void former President Donald Trump's bond in his civil fraud case, questioning whether the company that issued it has the funds to back it up. In a 26-page filing ahead of a pre-scheduled hearing on Monday, James expressed concern about whether Knight Specialty Insurance Company could secure the $175 million bond. She also argued that the collateral put up by the former president should be under the full control of the company....
AG's office says Knight Specialty Insurance Company failed to assure it could back the $175 million bond. James' office asks Trump put up replacement bond within seven days of ruling
New York Attorney General Letitia James has been granted a hearing by state judge Arthur Engoron to challenge the $175 million bond former President Donald Trump posted in his civil fraud case.In a new, brief order signed by Engoron, James was directed to present her case to the court on April 22 that the bond, posted by Knight Specialty Insurance Company, should not be accepted.Trump was found liable for more than $450 million in damages and unpaid interest in this case, which centered on...
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
It appeared in late March that the wrangling over former President Donald Trump's ability to pay the $454 million in damages ordered in the civil fraud case brought against him by New York state Attorney General Letitia James' office was sorted out. Sure, James also started to make noises that she would try to seize Trump's property--and Judge Arthur Engoron slapped on court supervision of the Trump Organization's finances for the next three years.But remember that in lieu of having to...
Alina Habba fumed that Letitia James thinks ‘our cash somehow isn’t green enough’ before she switched courtrooms and joined Donald Trump in criminal court for his hush money trial
New York Attorney General Letitia James on Friday filed a memorandum of opposition to the surety company that holds the $175 million bond for former President Donald Trump as he appeals the $460 million decision against him in the civil fraud trial earlier this year. The attorney general's office says it is concerned about the financials of the bondholder, Knight Specialty Insurance company, and the collateral for the bond.The $175 million in cash that Trump claims to have provided as collateral...
Judge Juan Merchan told President Donald Trump’s defense team they were "losing all credibility" during a Tuesday hearing on whether the 45th president violated a gag order in the Manhattan criminal trial. "I have to tell you right now, you’re losing all credibility in the court," Merchan told Trump attorney Todd Blanche on Tuesday. Tuesday’s court proceedings began with Merchan hearing the prosecution's request that Trump be held in contempt for violating a gag order that bans him from...
Judge Rudofsky denied a portion of the plaintiffs’ request for an expedited briefing schedule because they could have filed their complaint and preliminary injunction months ago, he wrote.