The New York attorney-general has rejected Donald Trump’s claim that it was a “practical impossibility” to post a bond while he appeals against a nearly half-billion dollar fraud judgment, escalating the threat that the state will move to seize his assets as soon as next week.
In a court filing on Wednesday, Dennis Fan, a lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could then back a surety bond.
“Defendants’ argument that obtaining a full bond is purportedly impossible is based on the false premise that they must obtain a single bond from a single surety for the entire judgment amount of $464 million,” Fan wrote, urging the court to reject Trump’s pleas for an extension.