Donald Trump cannot afford to post an appeal bond covering the $456
million he now owes New York state from last month's civil fraud
judgment, his lawyers said in a court filing Monday.
Footing the full amount in time to meet a March 18 deadline "is a
practical impossibility," despite "Defendants' ongoing diligent
efforts," they wrote the massive, 4,919-page filing.
Trump is asking an appellate panel in Manhattan to postpone, or "stay,"
the judgment while he appeals.
Surety experts have told Business Insider that Trump would need to set
aside $500 million in cash to secure the bond he needs. The actual
amount he'd need to set aside is far higher, the filing says.
https://www.businessinsider.com/trump-civil-fraud-judgment-cant-pay-2024-3?r=US&IR=T
bob the benefactor will come to rescue.
--
"And off they went, from here to there,
The bear, the bear, and the maiden fair"
-- Traditional
--- SoupGate-Win32 v1.05
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