ACN Business

What’s an appeal bond? What happens if he can’t get a $454 million loan?

Written by Will Thomas, Assistant Professor of Business Law, University of Michigan

Donald Trump's identity has always been closely tied to his wealth – and was also a means to roast him, such as by Comedy Central in 2011.AP Photo/Charles Sykes

Lawyers for Donald Trump on March 18, 2024, told a New York court that the former president has been unable to secure a US$454 million bond as he appeals a New York civil fraud...

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