"Trump's High-Stakes Battle: The $464m Bond and New York Property Seizure"

1 min read
Source: The Independent
"Trump's High-Stakes Battle: The $464m Bond and New York Property Seizure"
Photo: The Independent
TL;DR Summary

Donald Trump faces a financial crisis as he struggles to secure a $464m bond after losing a civil fraud trial in New York, with 30 companies unwilling to help. His legal team is seeking to block enforcement while he appeals, but the companies are hesitant due to the large bond size and risk associated with his properties. New York Attorney General Letitia James is prepared to target his assets to collect the $464m judgment, and Trump's legal battles raise questions about his finances and fundraising efforts for his legal fees and potential presidential campaign.

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