TroglocratsRdumb
Diamond Member
- Aug 11, 2017
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Donald Trump can't secure $454 million bond in the New York fraud case
The former president's lawyers wrote in a court filing that 'obtaining an appeal bond in the full amount' of the judgment 'is not possible under the circumstances presented.'
www.dailymail.co.uk
Donald Trump's lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals.
The former president's lawyers wrote in a court filing that 'obtaining an appeal bond in the full amount' of the judgment 'is not possible under the circumstances presented.'
They revealed they had spoken to 30 underwriters to back the bond, which is due next week. Their efforts included 'countless hours of negotiating with one of the biggest insurance companies in the world'.
New York Attorney General Letitia James, a Democrat, has said that she will seek to seize some of Trump's assets if he´s unable to pay the judgment.
The development comes days after Trump was able to post a $91.6 million bond in the E. Jean Carroll defamation following a jury award he is also appealing.
Comment:
The Democrats are worse than banana republic thugs.
They can't win on the issues, so they are abusing the judicial system to interfere with the election.
History will not be kind to these Banana Republic Democrats.