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New York Attorney General Letitia James is questioning whether the surety company covering former President Donald Trump’s $175 million bond is capable of fulfilling its obligation.a $175 million bond to prevent James from seizing assets after an appeals court ruled the former president could post the bond amount to cover a civil fraud judgment of $464 million.The firm that underwrote the bond is Knight Specialty Insurance Company.
Even if Knight lacks the funds itself, the company should be able to tap the collateral Mr. Trump pledged.
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