New York appeals court judge had ruled ex-president must post bond covering full amount to pause enforcement of judgment
Lawyers for Donald Trump said on Monday he could not post a bond covering the full amount of the $454m civil fraud judgment against him while he appeals the New York ruling, because to do so was “a practical impossibility” after 30 surety companies turned him down.
In a court filing seeking a stay on the payment, which is due on 25 March, lawyers for the former president and this fall’s presumptive Republican presidential nominee quoted Gary Giulietti, an executive with the insurance brokerage Lockton Companies, which Trump hired to help get a bond.
