Home United States USA — Financial Trump’s Huge Legal Day Monday: $454 Million Bond Comes Due, Hush Money...

Trump’s Huge Legal Day Monday: $454 Million Bond Comes Due, Hush Money Hearing

94
0
SHARE

New York Attorney General Letitia James could begin seizing Trump’s properties or freezing his bank accounts to cover his bond.
Topline
Former President Donald Trump will return to a New York City courtroom on Monday for a hearing on further delaying a criminal case brought by Manhattan District Attorney Alvin Bragg for falsifying business records—the same day he faces a deadline to post over $454 million for bond, or face possible immediate consequences.Key Facts

Trump’s criminal trial, which is related to alleged hush money payments made to adult film star Stormy Daniels in 2016, was originally scheduled to begin on Monday—but Judge Juan Merchan agreed to delay the start date by 30 days in February.

Trump’s attorneys have filed to dismiss the case, and Merchan will likely issue a ruling on this tomorrow or set a new trial date.

Meanwhile, Trump also faces a deadline to post 120% of the of the $454 million judgment against him while he appeals the case to the New York Appellate Court division, but his lawyers have indicated in filings last week he does not have enough cash on hand to make the payment and cannot get a loan after asking 30 different lenders.

Continue reading...