"Trump's Property Sales to Cover Massive Verdict Could Spell Money Trouble"

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Source: Yahoo Finance
"Trump's Property Sales to Cover Massive Verdict Could Spell Money Trouble"
Photo: Yahoo Finance
TL;DR Summary

Donald Trump faces the prospect of having to sell property to cover a massive verdict against him, as a brutal market for commercial property owners means he could face significant losses in his real estate empire if he unloads assets. He must pay the full judgment by March 25 or arrange a bond for at least 110% of the amount in order to put the fine on hold while he appeals. Trump's attorney hinted that he may not have enough liquid assets to cover the verdict, and New York Attorney General Letitia James has made clear that she’s prepared to seize Trump’s assets if he doesn’t pay the verdict or post an appeals bond on time.

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