A New York appeals court on Monday said it would pause the clock on enforcing a $464 million judgment against former President Donald Trump, according to a report.
The state appeals court panel said it would act if the Trump Organization and top executives posted $175 million within 10 days. Trump soon after said he would post that amount within that window.
He said in a statement after the decision:
I greatly respect the decision of the Appellate Division, and I’ll post either $175 million in cash or bond for security, whatever is necessary very quickly within the 10 days, and I thank the Appellate Division for acting quickly, but Judge Engoron is a disgrace to this country and this should not be allowed to happen.
President Trump: “I thank the Appellate Division for acting quickly, but Judge Engoron is a disgrace to this country, and this should not be allowed to happen.” pic.twitter.com/D6uu5DmgmX
Trump War Room (@TrumpWarRoom) March 25, 2024
The dramatic last minute reprieve comes after Trump’s lawyers said it would be “impossible” for him to secure $464 million in cash, and as New York Attorney General Letitia James began preparing to seize Trump’s assets.
