Trump Bond Firm Should Offer Proof of Resources, New York Says – Bloomberg
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Americas+1 212 318 2000
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Asia Pacific+65 6212 1000
Donald Trump
Donald Trump must prove within 10 days that the company providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenges fail, the state told a judge.
New York Attorney General Letitia James, who won a $454 million judgment against Trump over his asset valuations, made the demand Thursday in a notice with the court. The bond puts the fine on hold while the former president appeals the verdict, a process that could take months to resolve.