"New York Attorney General Casts Doubt on Trump's $175M Bond Deal"
TL;DR
New York Attorney General Letitia James has raised doubts about the $175m bond posted by Donald Trump in his civil fraud case, questioning whether the California-based insurer, Knight Specialty Insurance Company, has the financial capacity to cover it. The insurer's lack of authorization to issue surety bonds in New York has prompted the attorney general to request further proof of its capital. Meanwhile, Trump's legal team has refuted the attorney general's concerns, and the judge overseeing the case has scheduled a hearing on the matter for April 22.
Topics:nationlegalfinancial#donald-trump#fraud-bond#knight-specialty-insurance-company#legal-proceedings#legalfinancial#new-york-attorney-general
- Trump's $175m fraud bond thrown into doubt as attorney general questions insurer The Independent
- Letitia James, the Attorney General, Objects to Trump’s Bond Deal The New York Times
- Letitia James' New Strategy to Examine Donald Trump's Finances Newsweek
- New York AG questions whether California company can handle Trump's $175M bond ABC News
- Who posted Donald Trump's $175 million bond this week? Find out in the quiz NPR
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Read on The Independent