Trump offers $100m bond instead of full $454m as he appeals New York case - eviltoast
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    9 months ago

    This is the best summary I could come up with:


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

    “The exorbitant and punitive amount of the judgment coupled with an unlawful and unconstitutional blanket prohibition on lending transactions would make it impossible to secure and post a complete bond,” Trump’s lawyers Clifford Robert, Alina Habba and Michael Farina wrote.

    His lawyers are asking the appellate division of the state’s trial court to decide whether Engoron “committed errors of law and/or fact” and whether he abused his discretion or “acted in excess” of his jurisdiction.

    The Republican presidential frontrunner has until 25 March to secure a stay, a legal mechanism pausing collection while he appeals.

    Trump, the leading candidate for the Republican presidential nomination, maintains that he is worth several billion dollars and testified last year that he had about $400m in cash, in addition to properties and other investments.

    In January, a jury ordered Trump to pay $83.3m to writer E Jean Carroll for defaming her after she accused him in 2019 of sexually assaulting her in a Manhattan department store in the 1990s.


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