Trump's Legal Battle: Hurdles in Securing Appeal Bond for $355m Fraud Case

TL;DR Summary
Donald Trump faces the challenge of securing a bond worth over $540 million to appeal a $355 million penalty in a New York business fraud case, with accruing interest adding $87,502 daily. His status as a potential presidential frontrunner and the unprecedented nature of the situation make it difficult to find a bond company willing to commit. Trump's lawyer plans to post a roughly $400 million bond within a 30-day window to file a notice of appeal, but the process of securing the bond and potential liquidation of assets could pose significant hurdles.
- ‘Who’s going to do that?’: Trump faces hurdles in securing appeal bond for fraud case NBC News
- Trump asks judge to delay enforcing the $355 million civil fraud decision for one month CNN
- Kevin O'Leary: 'Rogue judge' handed down Trump fraud verdict The Hill
- Letitia James says she will seize Trump’s assets if he fails to pay $355m fraud fine The Guardian US
- 'Shark Tank's' Kevin O’Leary argues with CNN host in battle over Trump's finances: 'What fraud?' Fox News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
87%
717 → 93 words
Want the full story? Read the original article
Read on NBC News