Former President Donald Trump has until March 25 to obtain a bond to secure $464 million judgment against him as he appeals his New York civil fraud case.
Lawyers for former President Donald Trump say he's unlikely to secure a bond for the nearly half-billion he and other defendants need to pause a judge's February ruling in a New York civil fraud case.They're asking an appeals court to stay the judgment while Trump challenges it. The judgment, with accrued interest, saddled the defendants with a $464 million tab.
'Trump's filing in the case came one week after he posted a more than $90 million bond in order to appeal another recent legal defeat, a January decision by a federal jury that unanimously concluded he defamed the writer E. Jean Carroll. In that case, he secured a bond through a subsidiary of the insurance giant Chubb.
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Trump has been unable to get bond for $464 million judgment, his lawyers sayAdam Reiss is a reporter and producer for NBC and MSNBC.
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