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Appellate Judge Refuses To Freeze Trump Civil Case Fine But Lifts Ban On Trump Seeking Loans And Running Business

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'The ruling by Justice Anil Singh ratchets up pressure on Trump to either pay the full amount—nearing half-a billion dollars with interest—or put up a bond that Trump’s lawyers estimated at $550 million to hold off collection while he appeals.'

Appellate Judge Refuses To Freeze Trump Civil Case Fine But Lifts Ban On Trump Seeking Loans And Running Business

New York Trial Court Justice Arthur Engoron ordered Trump to pay $355 million and another $100 million in interest for supposedly defrauding someone. I guess the banks, even though the banks defended Trump.Trump has to post a bond in the full amount “to stop enforcement of the judgment” while he appeals.

Lawyers for Trump, a billionaire and Republican presidential front-runner famously boastful about the size of his wealth, acknowledged he lacks the liquidity to cover the judgment. They said he might have to unload his prized real estate in a fire sale without judicial intervention. What do I mean? Well, in 2023 alone, James spent over $28,500 on hotels. Over $15,000 of that was spent on luxury hotels in Puerto Rico.

 

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