#Trump's lawyers told a #NY appellate court Wed that he's prepared to post (only) a $100M #bond to halt #collection of his #civil#fraud penalty, arguing that provisions of the verdict make it impossible to secure a bond for the full amount.
TFG's attys made the offer in court papers asking the state's mid-level appeals court for an order preventing #NYAG#LetitiaJames' office from enforcing the $454M judgment while his #appeal plays out.
@Nonilex
Trump built himself quite a trap. The only bondable asset he has is real estate, but the court case he lost has found that his valuations of that real estate were wildly inflated.
A bond issuer would have to put a real value on the assets used, likely a fraction of what Trump has valued them at, thus reiterating the court's findings of overvaluing assets
@EdSanders@Nonilex His candidacy won’t end because the GOP rejects him. It’ll end because he, the Trump Org, and by extension his campaign, go bankrupt.
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