Rebecca Shabad is a politics reporter for NBC News based in Washington.
A state appeals court ruled that Donald Trump and his co-defendants in the New York civil fraud case have 10 days to post a $175 million bond, down from the $464 million judgment due Monday. The 11th-hour ruling from a panel of state Appellate Division judges is a major victory and relief for the former president, whose attorneys had said coming up with such a bond was a “practical impossibility.
The other bond companies will not “accept hard assets such as real estate as collateral,” but “will only accept cash or cash equivalents ,” his lawyers said. Trump’s lawyers had asked the state appeals court to either reduce the amount of money he had to post or stay the award without him posting any security while he appeals Engoron's order. On Friday, Trump told Fox News he'd appeal Engoron's ruling 'all the way to the U.S. Supreme Court if necessary.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kamala Harris won’t say whether she or Biden will participate in presidential debatesRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
Housing Secretary Marcia Fudge is stepping down, the second Biden Cabinet member to leave the administrationRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
Trump hush money trial postponed until mid-April, judge rulesRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
Biden on Schumer's criticism of Netanyahu: 'He made a good speech'Rebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
Nebraska lawmaker faces calls to resign after invoking colleague's name in book's rape scene passageRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
Retired commander who oversaw Afghanistan withdrawal says he alone bears responsibility for Abbey Gate attackRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »