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
New York Attorney General Letitia James is urging New York State Supreme Court Justice Arthur Engoron to void the $175 million bond that the ex-president posted to appeal his New York civil lawsuit.Trump was found liable for committing business fraud by illegally manipulating the value of assets for financial benefit and ordered to pay over $450 million earlier this year. The former president continues to deny any wrongdoing and says that he is the victim of a politically motivated "witch...
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.
We would like to posit that no single film role has done more to damage the psyches of British male actors of a certain age, type, and jawline than James Bond. The moment pretty much any of these poor saps hits, like, 25, the rumors and speculation, the internal questioning, the horrific, endless pressure all start. “You should be James Bond!” the universe screams at these suckers, until the poor damn fools actually start to believe it, helplessly throwing themselves into the thresher, only to...
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...
As Donald Trump sits in criminal court facing 34 felony charges for purported financial records violations stemming from an attempt to bury a story about an alleged affair with an adult film actress, he may also face a separate prosecutor seizing his real estate holdings, according to a legal expert. Former federal prosecutor Glenn Kirschner published a "Justice Matters" video on Saturday in which he covers a recent filing by New York A.G. Letitia James, who sued Trump in a civil case for...
Judge Who Handed Down $454 Million Trump Penalty Set To Rule On Validity Of Reduced Bond Authored by Catherine Yang via The Epoch Times, After weeks of trying to secure a bond and arguing to an appeals court that a $454 million bond was “impossible,” former President Donald Trump secured a $175 million bond to stay judgment only to now have to make the case all over again why this should satisfy the New York Attorney General and stop her from seizing his properties. On April 22,...