"Trump's Legal Woes: Facing Half-Billion Dollar Court Orders and Potential Property Seizure"
A New York judge has ordered Donald Trump to pay a $355 million penalty for submitting false data to financial institutions, with interest accruing at a rate of $112,000 per day, bringing the total owed to at least $454 million. Trump also faces an $83.3 million judgment in a federal defamation case. To delay enforcement while he appeals, he must put up the entire amount in cash or bonds, posing a significant challenge given his real estate-heavy wealth. Trump's legal team is exploring bond options, but bond issuers may require substantial cash collateral due to the risk involved. Trump's ability to raise cash and satisfy the legal debt is further complicated by a court-ordered leadership shake-up at the Trump Organization.