Former US President Donald Trump
New York attorneys have called for more information on the $175 million bond posted by former President Donald Trump to block the seizure of his assets on a huge civil fraud judgment.
State Attorney General Letitia James' office filed papers giving Trump's lawyers or the bond underwriter 10 days to "justify" the bond — essentially, to show that the company can make good on it.
That could mean disclosing more about the collateral Trump provided.
A hearing is set for April 22.
One of Trump's lawyers said James was trying to provoke a public quarrel in a desperate effort to regain relevance after an appeals court last month significantly cut the amount of the bond needed to hold off collection.
The bond, posted Monday, at least temporarily stopped the state from potentially seizing Trump's assets to satisfy the more than $454 million that he owes after losing a lawsuit trial.
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