The New York Court of Appeals ruled that former US President Donald Trump has stayed the execution of the judgment in the civil fraud case of 454 million dollars against him on the condition that he submits bonds of 175 million dollars within 10 days.
The decision, which did not address the merits of the case or indicate how the appeals court will ultimately rule, was issued as the deadline for filing full bonds expired. It was a few hours away.
Otherwise, Trump’s assets were at risk of being seized by New York Attorney General Letitia James, who brought the case to court.
Trump, who has denied wrongdoing, is appealing a February ruling that found he fraudulently inflated his wealth by billions of dollars to defraud creditors and insurance companies. Presented.
The process could take a year or more, and if they post bond by the new deadline, James won’t be able to seize their property during that time.
He was unable to get a bond after being denied by 30 surety companies and faces mounting costs from his other legal troubles.
After the decision, Trump said on social media that he would submit smaller bonds before the deadline.
On the other hand, Donald Trump’s request to delay the trial on the payment of money to a porn star was rejected on Monday.
Let’s take a look at what could happen to the former US president in two New York cases.
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What happens next in the criminal case?
The court set an April 15 trial date, rejecting objections from Trump’s lawyers in the case over payments to a porn star that included documents about former Trump fixer and key prosecution witness Michael Cohen. The delay was called for because of the late disclosure of
Trump before the 2016 election Stormy Daniels Co has pleaded not guilty to altering business records in connection with a $130,000 payment made by Cohen.
The payment was intended to cover up an alleged past sex scandal, which Trump denies.
The decision makes it likely that a decision will be made before the November 5 US election. Republican Trump hopes to defeat Democratic President Joe Biden in the election.
At the last minute, after new evidence, including Daniels’ statements to the FBI, came to light, Judge Juan Murchan also granted a request to dismiss Donald Trump’s 34-felony indictment. Rejected.
Trump has also been indicted in two other cases of trying to change the outcome of the 2020 election and in a third case indicted on charges of possessing classified documents after leaving office.
But all three cases have been delayed due to legal wrangles. Trump has pleaded not guilty to all four criminal charges.
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