Trump is prepared to post $100 million bond but not the full $454 million judgment, lawyers say
fortune.com
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.
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Sure wish if I had a 500 dollar speeding ticket I could just say "nah I'll give you 60 bucks"
It's not like that makes the whole thing go away
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.
That actually works if you are poor and remorseful. The judge typically has discretion.
Probably would work, if you are a white male.