Trump's $175M bond in civil fraud case on the line with critical hearing

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Trump's $175M bond in civil fraud case on the line with critical hearing
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New York AG Letitia James argues that the bond should be rejected.

are expected back in court on Monday to defend the $175 million bond in the former president's civil fraud case, days after New York Attorney General Letitia James urged the court to reject the bond and give Trump seven days to find a new one.

James vowed to begin seizing Trump's assets, including his namesake buildings, if he did not pay the judgment in time. "KSIC is a respected, well-capitalized, Delaware-domiciled insurer that has long underwritten surety bonds and other types of insurance placed around the country," attorneys for Knight Speciality Insurance and Trump wrote in a filing last week.

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