New York Attorney General Seeks Voiding of Trump's $175M Bond in Civil Fraud Case
TL;DR
New York Attorney General Letitia James opposes the surety company holding Donald Trump's $175 million bond in the civil fraud case, citing concerns about the company's financials and Trump's control over the collateral. The attorney general argues that the bondholder, Knight Specialty Insurance company, falls short on several requirements for a surety bondholder and requests the court to require Trump to come up with a replacement within seven days of its ruling on the matter.
- New York Attorney General Letitia James opposes company holding Trump's $175 million bond in civil fraud case CBS News
- New York AG says $175 million Trump fraud bond isn't properly backed, should be voided CNBC
- NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’ The Hill
- Donald Trump's $175mn bond should be invalidated, New York attorney-general says Financial Times
- New York AG Letitia James asks judge to void Trump's bond in his civil fraud verdict NBC News
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