Judge denies Trump request to post $100M bond instead of 'impossible' $464M penalty in N.Y. fraud case
A New York appeals court judge on Wednesday denied a request by former President Donald Trump’s attorneys to delay enforcement of the recent $464 million judgment against him, his sons and his company.
A New York appeals court judge on Wednesday denied a request by former President Donald Trump’s attorneys to delay enforcement of the recent $464 million judgment against him, his sons and his company.
Trump's lawyers had asked the judge to instead allow him to post a $100 million bond instead of the statutorily required full amount.
In a brief ruling after an emergency hearing, Justice Anil C. Singh rejected the request to reduce the bond amount but granted other requests the Trumps were asking for, including allowing them to continue to borrow money. Trump's lawyers had argued the restriction was hampering their efforts to post a bond.
Singh's order is temporary until a full panel of appeals court judges weighs in.
In a filing Wednesday with the state Appellate Division, Trump's attorneys said it would be "impossible" for the billionaire to post the full amount given the restrictions in the ruling handed down by Judge Arthur Engoron in the civil fraud case brought by New York Attorney General Letitia James.
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