Lawyers for serial sex abuser Donald Trump (SSAT) have filed an appeal with the New York appellate court that he is not able to come up with the bond that is required to appeal the judgment that judge Arthur Engoron issued against him, by the deadline of Monday, March 25th. This falsifies SSAT’s repeated boasts that he is very wealthy and has plenty of cash that would allow him to post any bond.
Donald Trump’s lawyers told a New York appellate court Monday that it’s impossible for him to post a bond covering the full amount of his $454m civil fraud judgment while he appeals.
The former president’s lawyers wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented”.
With interest, Trump owes $456.8m. In all, he and co-defendants including his company and top executives owe $467.3m. To obtain a bond, they would be required to post collateral worth $557m, Trump’s lawyers said.
A state appeals court judge ruled last month that Trump must post a bond covering the full amount to pause enforcement of the judgment, which is to begin on 25 March.
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