The $175 million bond former President Donald Trump put up in his civil
Letitia James contended the former president failed to demonstrate that the company behind his bond had the resources to pay it if his appeal failed.
Donald Trump was ordered to pay more than $450 million in damages in a civil business fraud lawsuit lodged by New York Attorney General Letitia James.
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....
The agreement cut short a potential day-long court hearing in Manhattan that was to feature witnesses.
By LARRY NEUMEISTER (Associated Press) NEW YORK (AP) — 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 […]
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
The $175 million bond former President Trump posted to appeal the $364
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Share on Facebook Share on Twitter Opening statements are set to begin in New York in the hush money criminal trial involving former President Donald Trump. The 12-person jury is now set and will hear from prosecutors
Former Trump White House attorney Jim Schultz says that Trump's post about