Legal Battle Over $454 Million Judgment Against Donald Trump
An appeals court judge denied Donald Trump's request to pause enforcement of a $454 million judgment in his New York civil fraud case. Trump can stay in control of his companies and apply for loans, but he must pay the judgment. New York AG Letitia James says Trump does not have enough liquid assets to satisfy the judgment.
Key Points
- An appeals court judge denied Trump's request to pause enforcement of the judgment
- Trump must pay a total of $454 million in fines and interest
- Trump is barred from running a business in New York for three years
- Trump's lawyers offered to post a $100 million bond to stay the judgment
Pros
- Trump can stay in control of his companies
- Trump can continue to apply for loans
Cons
- Trump was ordered to pay a $454 million judgment in his New York civil fraud case
- New York AG Letitia James states that Trump does not have enough liquid assets to satisfy the judgment