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 $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...
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....
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...
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
Justices appeared unlikely to grant request for absolute immunity from criminal prosecution to former presidentKey takeaways from Trump immunity caseSign up for our free Trump on Trial newsletterThe US supreme court on Thursday expressed interest in returning Donald Trump’s criminal case over his efforts to overturn the 2020 election back to a lower court to decide whether certain parts of the indictment were “official acts” that were protected by presidential immunity.During oral arguments, the...
It appears that real estate fraudster Donald J. Trump's last-minute attempt to fix the problems with his prior bond filing has created more questions and offered no believable answers. After being found guilty of fraud and ordered to pay $454 million, Donald Trump was offered a lifeline by the court to post only a $175 million bond during his appeal. — Read the rest
A New York judge ruled on Monday that the $175 million bond judgment against former President Donald Trump will remain intact despite New York Attorney General Letitia James's efforts to challenge it.
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 ruling came in response to a POLITICO petition to access records related to the Jan. 6 investigation.
CNN’s Kara Scannell describes Donald Trump’s demeanor in court as his criminal hush money trial gets underway.