A state appellate court intervened just in time, granting Donald Trump a reprieve from posting a half-billion-dollar bond to halt the New York Attorney General’s property seizure. Instead, Trump must now post $175 million within 10 days, buying time in the legal showdown with AG Letitia James.
The judges’ terse order offers Trump temporary relief, preventing the AG from enforcing a $464 million judgment. Trump’s recent struggle to secure bond sureties underscores the significance of this decision, significantly reducing the financial hurdle to fend off property seizures.
While James had already initiated the process to potentially seize Trump’s vast estate, the new ruling delays any immediate action until April 4, providing a brief respite in the high-stakes legal standoff.
