Donald Trump Able to $400M Bond to Appeal Engoron Ruling: Alina Habba

https://www.newsweek.com/donald-trump-400m-bond-appeal-engoron-ruling-1871384

Trump lawyer Alina Habba said that the former president is prepared pay the nearly $400 million bond required for him to appeal his business fraud ruling in New York.

Former President Donald Trump was ordered to pay $355 million in fines last week after New York Judge Arthur Engoron found him and his real estate empire, the Trump Organization, liable of fraud by inflating the value of his assets to obtain more favorable loans and insurance terms. Trump and his attorneys have already vowed to appeal the decision, although the defense will have to wait until the clerk's office at Engoron's courthouse has filed all the proper paperwork connected to the case.

Speaking with Fox News' Martha MacCallum on Monday, Habba, who was Trump's lead defense lawyer in the case, reiterated plans to appeal Engoron's decision, adding that in order to appeal the case, the defense team will have to post a bond, "which is the full amount and some, and we will be prepared to do that."

Habba went on to explain that the bond, which will have to be posted within 30 days after the verdict, will end up totaling close to $400 million. According to a report by NBC News, the appeal bond equals Trump's $355 million verdict plus a 9 percent post-judgment interest, which would be collected by the state of New York in the case that Trump loses his appeal.

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Paying in rubles?