Trump says he might be forced to sell assets at 'fire sale prices' to satisfy $464M bond in civil fraud case

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Judge Arthur Engoron had ordered Trump to pay $355 million plus interest.

Trump says he might be forced to sell assets at 'fire sale prices' to satisfy $464M bond in civil fraud case, claiming Judge Arthur Engoron is trying to take away his rights and that he could be forced to sell his properties at "fire sale prices."

"I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense?" Trump continued, in part.facing "insurmountable difficulties" in obtaining a bond "Moreover, there is significant risk that absent a full bond or deposit, defendants will attempt to evade enforcement of the judgment or to make enforcement more difficult after an appeal," Senior Assistant Solicitor Dennis Fan said last week, arguing that Trump should pay the judgment or get a bond for the full amount.

 

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Trump faces 'insurmountable difficulties' in securing $464M bond in civil fraud case, his attorneys sayJudge Arthur Engoron had ordered Trump to pay $355 million plus interest.
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Donald Trump Admits He Can't Get $464M Bond: 'Practical Impossibility'In February, New York Judge Arthur Engoron ordered that Trump pay a $355 million fine, increasing to $454 million with interest.
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