Trump's legal wins and losses: 5 takeaways
Former President Trump’s legal troubles crowded in on him Monday.
One court weighed the size of the bond he should have to post in his civil fraud case, while, separately, the judge in his New York hush money case considered protests lodged by his legal team.
The upshot was a split decision, with the bond question being resolved quite favorably for the former president, while the judge in the hush money case stood firm on a trial date.
Here are the main takeaways.
Trump’s big win: Appeals court eases bond requirements
The most pressing issue decided Monday went Trump’s way.
The former president had been under enormous pressure to raise a bond for his civil fraud trial after the original $455 million judgment against him and other defendants last month.
Trump is appealing that verdict, and such appeals are usually contingent upon a bond being posted for the full amount of the original judgment, plus interest. That total is a sum of almost half a billion dollars.
Trump’s legal team protested that this bond requirement was overly onerous — and acknowledged that he was having real difficulty finding any institution willing to underwrite such a huge sum.
The former president himself had vociferously complained about the chances of New York Attorney General Letitia James (D) seizing his assets.
But those chances declined markedly on Monday when a New York appeals court cut the size of the required bond by almost two-thirds and gave the former president an extra 10 days to come up with it.
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