Judge grants approval for protections on Donald Trump’s $175 million appeal bond for civil business fraud

New York Judge Arthur Engoron approved a new agreement between Donald Trump’s lawyers and state Attorney General Letitia James to reinforce the $175 million bond for a $454 million judgment in a civil fraud trial. James argued that the bonding company was not authorized in New York, but Trump’s lawyer assured the court that Trump couldn’t access the cash account collateral without approval. Engoron expressed concerns about the security of the collateral, leading to an agreement where the bonding company would have exclusive control. Trump faces challenges in his appeal against the $454 million judgment issued by Engoron earlier in the year, related to inflated real estate values.

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