Trump's Legal Team Says It's 'Impossible' to Secure Full $454M Civil Fraud Judgment Against Him
  • last month
Donald Trump's lawyers said in a court filing he cannot fully secure the $454 million civil fraud judgment against him. They argued it was "impossible" to obtain an appeal bond for the full judgment amount, which would require nearly $1 billion in cash reserves. Trump's team had spent "countless hours" negotiating with insurance companies but could not secure the bond. Trump's lawyers ask an appeals court to pause the judgment from coming due while he appeals. They obtained a $91.6 million bond from Chubb for Trump's appeal in E. Jean Carroll's defamation case.
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