Donald Trump unable to obtain appeal bond to prevent seizure of real estate assets to satisfy $454 million civil fraud judgment, faces deadline of March 25 for seizure if bond not posted.
Key Points
Trump facing $454 million civil fraud judgment
Inability to secure a bond due to large amount and lack of willing surety companies
Potential consequences including seizure of properties by March 25
Pros
Trump's lawyers making efforts to challenge the judgment
Temporary relief granted by appellate division judge in terms of business operations and seeking loans
Cons
Risk of seizure of real estate assets by Attorney General Letitia James
Difficulty in finding a surety company to underwrite the bond