Trump's lawyers say he's prepared to post $100 million bond to pause $454 million fraud penalty
CBSN
Donald Trump's lawyers told a New York appellate court Wednesday that he's prepared to post a $100 million bond to halt collection of his staggering civil fraud penalty, arguing that provisions of the verdict make it impossible for the former president to secure a bond for the full amount.
Trump's lawyers floated the offer in court papers asking the state's mid-level appeals court for an order preventing New York Attorney General Letitia James' office from enforcing the $454 million judgment while his appeal plays out. Trump would have to post the full amount to pause collection automatically.
The appeals court heard arguments at an emergency hearing Wednesday, and a judge could issue a decision by the end of the day.
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