New York AG Letitia James has said that she will seek to seize some of Trump’s assets if he’s unable to pay the judgment.
Donald Trump’s lawyers asked a New York appellate court Wednesday to halt collection of the former president’s $454 million civil fraud judgment while he appeals.
Trump’s lawyers said in a court filing that he is prepared to post a $100 million appeal bond rather than a bond covering the full amount, which would have automatically paused enforcement.
They said a provision in Judge Arthur Engoron’s Feb. 16 ruling that bans Trump, his company, and co-defendants from obtaining loans from New York banks for three years would make it impossible for him to obtain a bond covering the full judgment.
Yes, it’s the court ordered ban that would prevent him from getting a loan, not the judgement of defrauding banks… 🙄