Former President Donald Trump faces challenges in securing a bond for a USD 464 million civil fraud case. His attorneys argue that obtaining real estate as collateral has proven difficult. The case, stemming from a ruling in February, found Trump liable for exaggerating his wealth. Trump's legal team has petitioned the appellate court for a smaller bond amount.
#DonaldTrump #NewYorkCivilFraudCase #JudgeEngoron #NewYorkFraud #TrumpLawsuits #Trump2024 #DonaldTrumpnews #Trumplive #USnews #Americanews #Oneindia #Oneindianews
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President Joe Biden faces criticism over his handling of the Israel-Hamas conflict, worsening existing challenges ahead of his March 7 State of the Union address. Reports reveal internal frustrations, with Biden's reelection efforts faltering amid declining poll numbers. Despite attempts to criticize his rival, Donald Trump, Biden's approval ratings continue to decline, reaching record lows following the address.
#USPresident #JoeBiden #BidenApprovalRatings #SOTU #IsraelHamas #IsraelGaza #DonaldTrump #Worldnews #USnews #Oneindia #Oneindianews
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Trump Can’t Obtain Appeal Bond , in New York Fraud Case.
According to a New York court filing
on March 18, Trump isn't able to secure a
$454 million bond as he appeals a civil business
fraud judgement against him, CNBC reports. .
Trump's attorneys said that getting the bond is "impossible" since it would "effectively" require "cash reserves approaching $1 billion.".
Defendants’ ongoing diligent
efforts have proven that a bond
in the judgment’s full amount
is ‘a practical impossibility.’, Donald Trump's lawyers, via CNBC.
Gary Giulietti, president of the
Northeast division of the Lockton Companies, was hired to help Trump obtain a bond.
Despite scouring the market, we have
been unsuccessful in our effort ... for the
simple reason that obtaining an appeal bond
for $464 million is a practical impossibility
under the circumstances presented, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Simply put, a bond of this
size is rarely, if ever, seen, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
In the unusual circumstance that a bond of
this size is issued, it is provided to the largest
public companies in the world, not to
individuals or privately held businesses, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Giulietti went on to say that a private company would need about $1 billion to put up as collateral to receive a bond of that size. .
While it is my understanding that
the Trump Organization is in a strong
liquidity position, it does not have
$1 billion in cash or cash equivalents, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll. .
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll.
Credit: Wibbitz Top Stories Duration: 01:31Published
Donald Trump cannot find the $557m (£438m) bond he needs to pause enforcement of a civil fraud trial judgement against him because it is too much money, his.. Sky News
Donald Trump's legal saga is hitting another hurdle ... this time the ex-Prez says he's having a hard time securing help to pay a massive multi-million-dollar.. TMZ.com
Former President Donald Trump pledges to prioritize the release of Capitol rioters if reelected, branding them "hostages." The pledge, made on his Truth Social platform, emphasizes his ongoing influence in American politics. Trump faces legal challenges, including federal and Georgia indictments, yet remains a dominant force in the Republican Party. His bold promises signal his intent in the evolving political landscape.
#FormerPresident #DonaldTrump #Trump #TruthSocial #CapitolRiot #Trump2024 #BidenvsTrump #USelections #electionnews #Worldnews #Oneindia #Oneindianews
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The U.S. Supreme Court plans to issue a ruling on Donald Trump's candidacy in Colorado's presidential primary election, stemming from his alleged involvement in the Capitol attack. This comes after lower courts disqualified Trump from state ballots under the 14th Amendment. The court's decision, amid concerns about state authority and presidential immunity, carries significant implications for Trump's candidacy and future legal battles.
#USSupremeCourt #DonaldTrump #ColoradoPrimary #Trump2024 #DonaldTrumpNews #Trumpnews #Trumpupdates #SuperTuesday #Worldnews #Oneindia #Oneindianews
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The U.S. Supreme Court plans to issue a ruling on Donald Trump's candidacy in Colorado's presidential primary election, stemming from his alleged involvement in the Capitol attack. This comes after lower courts disqualified Trump from state ballots under the 14th Amendment. The court's decision, amid concerns about state authority and presidential immunity, carries significant implications for Trump's candidacy and future legal battles.
#USSupremeCourt #DonaldTrump #ColoradoPrimary #Trump2024 #DonaldTrumpNews #Trumpnews #Trumpupdates #SuperTuesday #Worldnews #Oneindia #Oneindianews
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Former President Donald Trump has been barred from appearing on the Illinois Republican presidential primary ballot by a state judge. Cook County Circuit Judge Tracie Porter made the ruling on Wednesday, citing Trump's role in the January 6, 2021, insurrection at the US Capitol. The judge sided with Illinois voters who argued that the former president violated the anti-insurrection clause of the US Constitution's 14th Amendment, thus disqualifying him from the state's upcoming primary and general elections.
#DonaldTrump #IllinoisPrimary #TraciePorter #TrumpIllinoisBallot #JudgeTraciePorter #USPresidentialElection #CapitolRiots
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A Chapman University law professor who was under fire after speaking at last week's pro-Trump rally in Washington, D.C. ahead of the Capitol riot has agreed to retire, the school announced Wednesday.
Chapman University is facing pressure to fire a professor who spoke at the pro-Trump rally in Washington, D.C. just hours before violent rioters stormed the Capitol building.