New York AG Letitia James has said that she will seek to seize some of Trump’s assets if he’s unable to pay the judgment.

Donald Trump’s lawyers asked a New York appellate court Wednesday to halt collection of the former president’s $454 million civil fraud judgment while he appeals.

Trump’s lawyers said in a court filing that he is prepared to post a $100 million appeal bond rather than a bond covering the full amount, which would have automatically paused enforcement.

They said a provision in Judge Arthur Engoron’s Feb. 16 ruling that bans Trump, his company, and co-defendants from obtaining loans from New York banks for three years would make it impossible for him to obtain a bond covering the full judgment.

  • Jode
    link
    fedilink
    English
    arrow-up
    93
    arrow-down
    2
    ·
    10 months ago

    Sure wish if I had a 500 dollar speeding ticket I could just say “nah I’ll give you 60 bucks”

      • Hotzilla@sopuli.xyz
        link
        fedilink
        arrow-up
        8
        ·
        10 months ago

        He will flee to Russia instantly when there is a risk of jail or too large fine to cover.

        • kent_eh@lemmy.ca
          link
          fedilink
          English
          arrow-up
          2
          ·
          edit-2
          10 months ago

          He will flee to Russia instantly when there is a risk of jail or too large fine to cover.

          That’s an acceptable outcome.

          As long as he stays there.