Trump avoids challenge to $175M bond in civil fraud case


by ABC News - Breaking News, Latest News and Videos

ABC News - Breaking News, Latest News and Videos— 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.

Raw Story—Trump makes extra concessions on $175M bond in $450M civil fraud case: analysis. 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...

Breitbart—Civil Fraud Case: Donald Trump Wins Against Letitia James on Fight over $175M Bond. 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.

Daily Kos—Trump's $175M bond in New York civil fraud case is settled with cash promise. 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...