Donald Trump's Financial Risk from Trial Court Losses
Donald Trump faces financial risk due to two recent trial court losses, owing about $540 million in verdicts. He may need to post a supersedeas bond or cash to challenge the judgments. The former president's mounting legal troubles include pending criminal prosecutions and personal expenses from defamation and civil fraud trials.
Key Points
- Trump owes about $540 million from two recent trial court losses
- He may need to post a supersedeas bond or cash to challenge the judgments
- The former president's legal troubles include pending criminal prosecutions
Pros
- Numerous surety companies offering supersedeas bonds could work with Trump
- Banks may provide irrevocable letters of credit (ILOC) for bonds
- Trump could potentially reduce bond amounts through appeals court arguments
Cons
- Trump's assets are under financial strain due to mounting legal troubles
- Posting a supersedeas bond or cash could impact his finances significantly
- Getting a private bank loan for the bond may be costly