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MSNBC・2 minutes read
Letitia James rejects Trump's appeal in civil fraud case, suggesting payment through properties if he can't pay $464 million judgment by Monday. Trump struggles to find a bond provider, as 30 companies refuse, raising doubts about his ability to repay debt and potential consequences if appeal requirements are not met.
Insights
- Trump is facing significant financial challenges in covering the $464 million judgment, with his team struggling to secure the necessary bond, and multiple companies refusing to back him, raising concerns about his ability to repay the debt.
- There are inconsistencies in how Trump is treated in different court cases, with the New York Attorney General rejecting his appeal while a judge in the Fulton County case granted his team's request, potentially resulting in a change in the prosecutor handling the case.
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Recent questions
Who is Letitia James?
Letitia James is the New York Attorney General.
What is the judgment amount?
The judgment amount is $464 million.
Why are companies refusing to back Trump?
Companies are refusing due to lack of trust.
What could happen if Trump fails to secure the bond?
Trump may have to pay $464 million himself.
What happened in the Fulton County case?
Judge McAfee granted Trump's team's request.
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Summary
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Trump's Appeal Rejected, Faces Payment Deadline
- New York Attorney General Letitia James rejects Trump's request to appeal his civil fraud case and suggests using his properties as payment if he can't pay the $464 million judgment by Monday.
- Trump's team is struggling to find someone to provide the bond needed to cover the judgment amount.
- If Trump fails to secure the bond by Monday, he would typically have to pay the $464 million himself or find someone to guarantee the payment.
- 30 different companies have refused to back Trump, indicating a lack of trust in his ability to repay the debt.
- The judge could potentially deny Trump's appeal if he doesn't meet the legal requirements, but Trump has been treated differently in court cases in the past.
- In the Fulton County case, Judge McAfee granted Trump's team the request to appeal the decision to keep Fani Willis on the case, potentially leading to her removal and the case being picked up by another D.A.'s office in Georgia.
