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Evening Standard
Evening Standard
World
Anthony France

Trump unable to secure $454m appeal bond in New York fraud case, lawyers say

Donald Trump cannot find an insurance company to underwrite a bond that would allow him to appeal his $454 million judgment in a New York civil fraud case, lawyers said on Monday.

Attorneys for former president Trump and his co-defendants in the case argued that it was “impossible” for them to secure a complete appeal bond, which would “effectively” require “cash reserves approaching $1 billion”.

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