If former President Donald Trump posts the money, it will prevent the state from seizing his assets while he appeals.
A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.
If he does, it will stop the clock on collection and prevent the state from seizing his assets while he appeals.
It's almost guaranteed that we will be back here in 10 days and he will be crying he can't secure the 175 million dollar bond either. It's not that insurance companies won't write a bond that high, it's that they are finally coming around to the fact that he is going to fuck them over no matter what.
Isn't that just the way? It's okay if it's behind the scenes, in fact: it's preferable. Then, instead of losing a ton of money as a result of this being public knowledge, you quietly bury it so you don't look stupid.