Trump lawyers: Securing full $454 million bond 'practical impossibility' in NY fraud case

Contributing sentiments towards policy:

52% : They also maintained that this high of a bond is "rarely seen," arguing that these amounts are typically issued to the largest public companies in the world and not individuals and private businesses such as Trump's.
52% : "While it is my understanding that the Trump Organization is in a strong liquidity position, it does not have $1 billion in cash or cash equivalents," the lawyers wrote.
46% : Trump is currently appealing the judgment, but the total amount will continue to gain interest while that process plays out.
45% : Unlike the New York fraud case, Trump was able to have an insurance company underwrite his bond and could likely use property as collateral.
41% : "Defendants' ongoing diligent efforts have proven that a bond in the judgment's full amount is 'a practical impossibility,'" the lawyers wrote, citing an affidavit signed by an insurance broker who testified for Trump during the trial last year.
38% : "Attorneys for Trump and his co-defendants in the case said it was "impossible" for them to secure the full amount for an appeal bond in a filing with the state's intermediate appeals court.
31% : Trump was ordered to pay a staggering total of $454 million earlier this year in a verdict issued by Judge Arthur Engoron.

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