Days after former President Donald Trump posted a $175 million bond to block New York state from imminently collecting on a huge civil fraud judgment, state lawyers Thursday called for more information on the bond's bona fides.
Republican presidential candidate former President Donald Trump takes the stage before speaking Tuesday, April 2, 2024, at a rally in Green Bay, Wis. NEW YORK — Days after former President Donald Trump posted a $175 million bond to block New York state from imminently collecting on a huge civil fraud judgment, state lawyers Thursday called for more information on the bond’s bona fides.
One of Trump’s lawyers, Christopher Kise, responded that James was trying to provoke a “baseless public quarrel in a desperate effort to regain relevance” after an appeals court last month significantly cut the amount of the appeals bond needed to hold off collection.A message seeking comment was left for the underwriter, Knight Specialty Insurance Co.
But first, the court system kicked back Monday’s filing for more paperwork, including a financial statement from Knight Specialty Insurance. That was filed Thursday, showing that the company has over $539 million in assets and related reinsurer Knight Insurance Co. Ltd. has over $2.1 billion.
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