LEGAL/NEW YORK/TRUMP BUSINESS: “Donald Trump cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case.
The former president must either pay the full amount in cash or secure a bond to avoid having assets seized.
If he is unable to do so by 25 March, he faces the prospect of some of his real estate assets being seized by the state’s attorney general.
Mr Trump said that securing a bond of that size was ‘practically impossible’.”
-Madeline Halpert, “Trump bond: Lawyers say he is unable to get $464m guarantee in New York fraud case,” bbc.com, March 19, 2024