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Former President Donald Trump’s lawyers slammed New York Attorney General Letitia James for asking an appeals court on Wednesday to reject Trump’s request to reduce or hold off collecting the $454 million bond to cover a civil fraud judgment.that Trump did not explore every option to post bond, including securing multiple smaller bonds or handing the real estate to the court.
“Perhaps worst of all, the Attorney General argues that Defendants should be forced to dispose of iconic, multi-billion-dollar real-estate holdings in a ‘fire sale,'” Robert“As explained in Defendants’ Affirmations, those separate bonds would still require a total collateralization of cash or cash equivalents in excess of $557 million, regardless of how many sureties were involved,” Robert explained about James’s proposal of posting several smaller bonds.
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