Trump legal news brief: Letitia James counters Trump claim he can’t raise $464 million bond as deadline looms > News Clips

Trump legal news brief: Letitia James counters Trump claim he can’t raise $464 million bond as deadline looms

Lawyers with New York Attorney General Letitia James’s office cast doubt on former President Donald Trump’s claim that he cannot find a company to lend him the $464 million bond he needs to appeal the judgment in his financial fraud trial. In Georgia, meanwhile, Trump and some of his co-defendants in the election interference and racketeering case are given the green light to appeal Judge Scott McAfee’s decision to allow Fulton County District Attorney Fani Willis to continue her prosecution of them. The lawyers say they will now approach the Georgia Court of Appeals in an attempt to have Willis removed and the charges dismissed. Here are the latest legal developments facing the presumptive Republican presidential nominee for 2024.

New York financial fraud
James’s office: Trump’s bond claims don’t add up

Key players: New York Attorney General Letitia James, Judge Arthur Engoron

Lawyers on James’s team submitted a filing Wednesday to a New York appeals court in response to Trump’s request to significantly reduce or stay the $464 million bond required to be paid on Monday to appeal the judgment in his New York financial fraud trial, CNN reported.

Trump’s lawyers stated that their loan requests had been turned down by 30 insurance companies, but did not specify what collateral they had offered in return.

In the filing, James’s team wrote that Trump’s lawyers “supply no documentary evidence that demonstrates precisely what real property they offered to sureties, on what terms that property was offered, or precisely why the sureties were unwilling to accept the assets.”

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https://www.yahoo.com/news/trump-legal-news-brief-to-raise-464-million-bond-trump-says-he-may-be-forced-to-sell-off-real-estate-at-fire-sale-prices-192143951.html

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