Trump's lawyers say he is unable to secure a bond for the judgment.
New York Attorney General Letitia James speaks during a news briefing, Feb. 16, 2024, in New York.New York Attorney General Letitia James is pushing back on Donald Trump's "extraordinary" request for a stay of hisarguing the former president's recent request was unreliable, procedurally improper and based on a flawed premise.
Republican presidential candidate former President Donald Trump speaks after voting in the Florida primary election in Palm Beach, Fla., March 19, 2024.The AG argued that the former president has failed to demonstrate his effort to secure a bond using properties as collateral, suggesting the issue is a product of Trump's doing because his "holdings are not nearly as valuable as defendants claim.
If Trump is unable to secure a single bond for the $464 million judgment, James said the former president could attempt to secure multiple smaller bonds – "$100 or $200 million apiece" – or consent to have his real-estate interests held by the Supreme Court to satisfy the judgment.Bebeto Matthews/AP The AG's filing also criticized Trump's attempt to introduce two affirmations from both Trump Organization General Counsel Alan Garten — who James alleged was "personally involved in the fraudulent and illegal conduct that gave rise to the judgment in this case" – and Trump's broker Gary Giulietti. James characterized the two affirmations as "unreliable."
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Trump faces 'insurmountable difficulties' in securing $464M bond in civil fraud case, his attorneys sayJudge Arthur Engoron had ordered Trump to pay $355 million plus interest.
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