Legal Battle of Donald Trump
Former President Donald Trump faces a $454 million bond to appeal a civil fraud judgment, potentially leading to a fire sale of his real estate. The New York Attorney General's prosecution aims to bankrupt Trump, with surety companies refusing to accept real estate as collateral. Trump may have to sell assets at discounted prices to raise the appeal bond before enforcement begins on March 25.
Key Points
- Trump faces a $454 million bond to appeal a civil fraud judgment
- Surety companies refuse to accept real estate assets as collateral
- New York Attorney General aims to bankrupt Trump through legal actions
- Trump may have to sell assets at discounted prices to raise the appeal bond