News Formal

Trump Claims Companies Won’t Secure His $500 Million Bond—But Even Bigger Ones Were Paid In These Cases

  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

I am a senior reporter based in London covering breaking news, with a focus on legal issues including the Supreme Court and litigation against Donald Trump. I previously covered politics and news for Vanity Fair and Mic, and as a theater critic I served as a member of the New York Outer Critics Circle.

Former President Donald Trump’s attorneys have claimed the ex-president cannot secure a bond for the more than $454 million he owes in the civil fraud case against him and his company—though the New York attorney general’s officeplus interest

in the fraud case—which found him and his associates liable for fraudulently misstating the value of assets for personal gain—and his lawyersWednesday Trump’s claims were based on a “false premise,” because he could secure multiple bonds to cover the full amount, and claimed it’s “not unusual” for surety companies to provide bonds for even larger amounts, pointing to four examples.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Full List of Companies that Denied Trump BondTrump's legal team on Monday admitted in a filing that he was unable to secure the money needed to appeal his civil fraud ruling.
Source: Newsweek - 🏆 468. / 52 Read more »