A five-panel NY appeals court has cut the Arthur Engoron judgment against Donald J Trump from $464 million to $175, which Trump must pay by 10 days to be able to continue in his appeal of the lawfare judgment.
Trump was found guilty of fraud against no one for allegedly exaggerating his properties’ value to secure loans from banks, all of which have no problem with his assessment, especially given these loans were successfully paid off.
Excerpt from www.breitbart.com
Former President Donald Trump won a “crucial” and “unexpected” victory in Monday’s critical bond ruling, which came on a day the court does not generally issue rulings, the establishment media reported.
A five-panel New York appeals court ruled Trump could post a bond “in the amount of $175 million” to cover the judgment. The court also delayed enforcement of the $464 million judgment by ten days.
“It is ordered that the motion is granted to the extent of staying enforcement of those portions of the Judgment (1) ordering disgorgement to the Attorney General of $464,576,230.62, conditioned on defendants-appellants posting, within ten (10) days of the date of this order, an undertaking in the amount of $175 million dollars,” the judges wrote in the order.