Trump’s legal team is seeking to postpone enforcement of $355 million judgment

by | Feb 22, 2024

On Wednesday, President Trump's attorneys asked for a 30-day extension to pay the $355 million business fraud verdict that was handed down to him last week.

Given the size of the judgment, the attorneys claimed that New York Attorney General Letitia James is acting in an “unseemly rush “to enforce the decision

After the verdict is handed down, Trump would have a month to raise the money necessary to pay it. The verdict's actual execution would be postponed by 30 days as a result of the request made on Wednesday.

James had previously threatened to seize some of Trump's assets if he wasn't able to raise the money.

As part of the judgment against Trump, he was also barred from running a business in New York for three years.

The decision will be appealed, the president has vowed.

Source: The Hill

 

 

Top News

Former Cuban President Raul Castro Indicted in the U.S.

Former Cuban President Raul Castro Indicted in the U.S.

Former Cuban leader Raúl Castro has been indicted in the United States alongside five other defendants, according to court filings made public Wednesday. The charges, which have not been detailed in the publicly available filing, are expected to stem from a 1996...

Russia Floats Joint Investment Projects With U.S. and China

Russia Floats Joint Investment Projects With U.S. and China

Kirill Dmitriev, CEO of the Russian Direct Investment Fund and President Vladimir Putin’s special representative for investment and economic cooperation, said Russia is considering joint projects involving both Chinese and American investors.   Dmitriev said RDIF...

President Trump Endorses Ken Paxton for U.S. Senate in Texas

President Trump Endorses Ken Paxton for U.S. Senate in Texas

President Trump endorsed Texas Attorney General Ken Paxton in the state’s upcoming U.S. Senate race, calling him an “America First Patriot” and “true MAGA Warrior” who has remained loyal to both him and the MAGA movement.   In a Truth Social post, President Trump...

Department of War Pauses U.S.-Canada Defense Board

Department of War Pauses U.S.-Canada Defense Board

Undersecretary of War Elbridge Colby announced that the Department of War is pausing the Permanent Joint Board on Defense with Canada while officials reassess the forum’s role in North American defense cooperation.   Colby said a “strong Canada that prioritizes...