Former US President Donald Trump speaks to the media as he arrives at a Manhattan courthouse trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, US, October 4 , 2023.
Mike Fresh | Reuters
Donald Trump should have pledged real estate he owns as collateral against a $464 million business fraud judgment if he were “truly unable” to get an appeal bond for that amount, the New York attorney general’s office said in a court filing Wednesday.
Trump “at a minimum” should have let the courts hold those properties while he appealed, a lawyer for Attorney General Letitia James wrote.
The attorney, Dennis Fan, argued that Trump had not provided any evidence this week to support his claim that it was “impossible” to obtain an appeal bond using his real estate holdings as collateral.
“Defendants supply no documentary evidence that demonstrates precisely what real property they offered” to potential insurers, wrote Fan, in the filing to Manhattan appeals court judges.
Nor did they report “on what terms that property was offered, or precisely why “bond insurers” were unwilling to accept the assets,”


