In "NY Bond, Enforcement Options As Trump Judgment Looms" Pollock Cohen managing partner Adam Pollock and Neil Pedersen of Pedersen & Sons Surety Bond Agency, provide expert analysis on the two recent judgments against former President Donald Trump — one in federal court and one in state court — and how they have thrust into the spotlight appellate bonds and the plaintiffs' ability to enforce their judgments.
They note, "As reported in the press, Trump has had difficulty securing an appellate bond — likely because surety companies are seeking well in excess of the $464.6 million judgment amount, in cash or liquid securities. And until the appeal is bonded, the New York attorney general can quickly seize the former president's assets."
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NY Bond, Enforcement Options As Trump Judgment Looms | Law360