"Trump Seeks Stay of $464M Judgment, Plans $100M Bond in Civil Fraud Case"

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Source: ABC News
"Trump Seeks Stay of $464M Judgment, Plans $100M Bond in Civil Fraud Case"
Photo: ABC News
TL;DR Summary

Former President Donald Trump's lawyers are seeking to pause the enforcement of the penalties in his civil fraud trial, planning to post a $100 million bond instead of the $464 million judgment ordered by Manhattan Supreme Court Judge Arthur Engoron. They argue that the penalties are "unprecedented and punitive," and that the current oversight and the $100 million bond ensure that the New York Attorney General could collect the judgment if needed. The penalties include a $355 million fine plus interest, and a three-year ban on Trump running any New York-based company.

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