An appellate court in New York on Wednesday denied Donald Trump‘s effort to halt the judgment in his civil fraud case, forcing the former president to post a bond to cover more than $454 million in the weeks ahead.
The ruling by Judge Anil Singh requires Trump by default to post a bond for the full judgment of $454 million, though it does allow him to secure a New York bank loan — a reversal of the lower court decision that barred him from seeking such loans for three years. The decision comes after Trump’s lawyers had said he was prepared to post a $100 million bond, saying that was the maximum amount he could post without selling off some of his real estate assets.
Former President Donald Trump attends the closing
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