In "Trump Unable To Finance An Appeal Bond For At Least $450 Million, Lawyers Say" (The Washington Post, March 18, 2024), partner Adam Pollock comments on the inability of former President Trump and his organization to convince an insurer to accept property as collateral in order to finance his $450 million appeal bond. The appeal bond is needed to cover the judgment in the New York attorney general's business fraud against him.
Adam, a former assistant attorney general in New York noted, "Insurance companies in appeals cases tend to want the full amount of the judgment as collateral.”
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Trump Unable To Finance An Appeal Bond For At Least $450 Million, Lawyers Say | The Washington Post
