A court has agreed to hold off collection of Donald Trump’s more than $454 million civil fraud judgment — if he puts up $175 million within 10 days.
A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s more than $454 million civil fraud judgment if he puts up $175 million within 10 days.If Trump does, it will stop the clock on collection and prevent the state from seizing the presumptive Republican presidential nominee's assets while he appeals. The appeals court also halted other aspects of a trial judge's ruling that had barred Trump and his sons Eric Trump and Donald Trump Jr.
The penthouse discrepancy, he said, was simply a mistake made by subordinates.Engoron ordered Trump to pay $355 million, plus interest. Some co-defendants, including Donald Trump Jr. and Eric Trump, were ordered to pay far smaller amounts. Monday’s ruling also puts those on hold if the $175 million bond is posted.After James won the judgment, she didn't seek to enforce it during a legal time-out for Trump to ask the appeals court for a reprieve from paying up.
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