"Trump's Legal Team Struggles to Secure $464 Million Bond in Civil Fraud Case"

Former President Donald Trump is unable to secure an insurance company to underwrite a $464 million bond to cover the judgment against him in the New York attorney general’s civil fraud case, as his lawyers told a New York appeals court. Despite approaching 30 underwriters, Trump's attorneys stated that very few bonding companies are willing to consider a bond of that magnitude, with potential underwriters seeking cash to back the bond rather than properties. Trump's lawyers have requested the appeals court to delay posting the bond until his appeal is over, as the value of his properties far exceeds the judgment. The judgment stems from a civil fraud case brought by New York Attorney General Letitia James, in which Trump and his co-defendants were found liable for fraud, conspiracy, and issuing false financial statements and records.