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Court agrees to block collection of Trump's $454 million civil fraud judgment if he puts up $175M

By Economic Times - 8 months ago
Trump's lawyers had pleaded for a state appeals court to halt collection, claiming it was "a practical impossibility" to get an underwriter to sign off on a bond for such a large sum. The ruling was issued by the state's intermediate appeals court, the Appellate Division of the state's trial court, where Trump is fighting to overturn a judge's Feb. 16 finding that he lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency.

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