N.Y. attorney general questions Trump’s claim that he can’t get a bond

New York Attorney General Letitia James arrives at the State Supreme Court of New York in Manhattan to hear former president Donald Trump testify in his civil fraud case in November. approached 30 surety companies through four brokers

and failed to secure an appeal bond for such a large amount. They argued that surety companies are generally unable to underwrite bonds that large, and said the companies told Trump they cannot accept real estate assets as collateral. If Trump does not post a bond as he appeals the civil judgment against him, James’s office could begin the process of seizing his assets —enforcement effort would begin, but James allowed a 30-day grace period that ends Monday. She has signaled that she was prepared to seize assets if Trump’s fine is not paid. Posting a bond to cover the judgment would block James from seizing assets until the appeal is resolved.

Fan wrote that New York Supreme Court Justice Arthur Engoron, who oversaw James’s civil trial against Trump, decided Giulietti was not a credible witness. He argued that Garten was involved in the conduct at issue and “has professional interests in this litigation.”“The court found no such thing. The AG statement is reckless and completely untrue,” Garten said in response to the filing.

Earlier this year, Engoron found Trump and the other defendants, including his adult sons, civilly liable for committing illegal acts and defrauding business partners by providing deceptive asset values.to stay enforcement of an $83.3 million judgment against him in a 2019 defamation case brought against him by advice columnist E. Jean Carroll.

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