A New York appeals court on Monday temporarily stopped the clock on the looming enforcement of a multimillion-dollar judgment against former President Trump and his company over deceitful business practices.
In a terse order, a state appeals court panel said it would pause the enforcement of the $464 million judgment against Trump, the Trump Organization and top executives, plus interest, if within ten days they post a $175 million bond.
The pause comes after Trump’s lawyers admitted Monday that, despite “diligent efforts,” it would be “impossible” for the former president to secure a full appeals bond due to lack of cash on hand.
Read the full story at The Hill.