Monday, March 25, 2024

Breaking News: Trump no longer needs to post full $454M bond in civil fraud case, court rules

Politico
Breaking News Alert

Trump no longer needs to post full $454M bond in civil fraud case, court rules

03/25/2024 11:56 AM EDT

A panel of state appeals judges gave Donald Trump a significant reprieve Monday by lowering the amount of the bond he must post to stop enforcement of a $454 million civil judgment for corporate fraud.

Trump can post a bond of just $175 million while he appeals the verdict, the five-judge panel ruled in a terse order, after the former president said he couldn't obtain a bond to cover the full judgment.

Read the latest
You received this email because you are subscribed to POLITICO's Breaking News Alerts and/or the alerts of a reporter of this story.
Download the mobile app for iOS or Android | Manage your alert settings | Unsubscribe
Privacy Policy  |  Terms of Service
POLITICO, LLC, 1000 Wilson Blvd. Arlington, VA 22209, USA
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Welcome to Bernie Schaeffer's Award-Winning Option Advisor

Congratulations! By signing up for Option Advisor, you just took the first step towards becoming a successful trader and pot...