Trump's Legal Battle: The Challenge of Bond in Civil Fraud Ruling

Trump's Legal Battle: The Challenge of Bond in Civil Fraud Ruling

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In a recent development, a lawyer representing New York Attorney General Letitia James has rebuffed former President Donald Trump's assertion that he cannot procure the required $460 million for bond and appeal against a civil fraud ruling. Trump's legal team cited practical impossibility in meeting the bond deadline. However, the senior assistant solicitor general for the state, Dennis Fan, dismissed Trump's claim as procedurally improper. Fan emphasized that Trump's challenges should have been raised earlier and criticized the timing of his filing.

The ruling in February ordered Trump and his co-defendants to pay over $450 million for a decade-long fraud scheme, marking one of New York's largest corporate penalties. To proceed with the appeal, Trump must secure the full bond amount, with accruing interest, or risk asset seizure by the state. This ongoing legal saga underscores the complexities and high stakes involved in Trump's legal battles.

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