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
(OSV News) — A New York state appeals court has found that an insurer for the Archdiocese of New York is not required to cover costs for settling hundreds of sex abuse claims — a ruling the archdiocese has called “extremely disappointing” and “wrongly decided.” On April 23, five justices of the First Judicial Department […] The post New York appeals court rules insurer doesn’t have to pay out for Archdiocese of New York abuse claims first appeared on OSV News.
The deal probably ends a challenge from state officials that had imperiled
Following the second week of Donald Trump's hush money trial in a Manhattan courtroom, MSNBC host Katie Phang noted that Donald Trump's primary lawyer, Todd Blanche, in the hush money trial seems to have withdrawn from scrutiny as the trial has progressed from jury selection to cross-examining the prosecution's witnesses.Phang, a former prosecutor herself, pressed the Guardian's Hugo Lowell, who has been present in the courtroom to explain what is going on with the former president's defense...
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...
Supreme Court Justice Clarence Thomas raised a question Thursday that goes to the heart of Special Counsel Jack Smith's charges against former President Donald Trump. The high court was considering Trump's argument that he is immune from prosecution for actions he took while president, but another issue is whether Smith and the Office of Special Counsel have the authority to bring charges at all. "Did you, in this litigation, challenge the appointment of special counsel?" Thomas asked Trump...
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...
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.
Bank OZK bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,422 shares of the exchange traded fund’s stock, valued at approximately $263,000. Several other institutional investors have also added to or reduced their stakes in the business. Patriot Financial […]
The $175 million bond former President Donald Trump put up in his civil