"Trump Seeks $100 Million Bond to Halt $454 Million Judgment During Appeal"

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Source: The New York Times
"Trump Seeks $100 Million Bond to Halt $454 Million Judgment During Appeal"
Photo: The New York Times
TL;DR Summary

Donald Trump has asked a New York appeals court to allow him to post a $100 million bond to temporarily pause the $454 million judgment he faces in his civil fraud case, indicating that he lacks the funds to cover the full amount. His appeal seeks to halt enforcement of the financial penalty and other punishments, including a ban on obtaining a loan from a New York bank for three years. If granted, the pause would be temporary, and Trump would still need to persuade a larger panel of appellate judges to keep the judgment on hold.

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