Monday, March 25, 2024

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

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

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.

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