and is seeking a lifeline from an appellate court to keep the state from seizing assets, according to a court filing on Monday .he solely owns, has been unable to get a surety company to accept property as collateral - stalling any efforts to obtain a bond that is due to be posted in a week.
, recently failed to get an emergency appeals judge to put off the 30-day deadline the attorney general has imposed to give the company time to fulfil its appeal bond obligation. That judge also rejected an offer of a $US100 million bond in lieu of the full amount. A full panel will soon examine the same issues.
Trump, his company and several current and former executives were found civilly liable in Manhattan state court this year for engaging in illegal acts to defraud banks and insurance companies by lying about the true value of his assets to falsely obtain profits and savings in business over a decade.New York Attorney General Letitia James, who brought the case, said Trump misstated the value of his properties and other assets by up to $US2.2 billion a year from 2011 to 2021.