Trump fraud trial bond drawn into question by NY AG ...Middle East

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Trump fraud trial bond drawn into question by NY AG
source : The Hill ( Middle East ) () 93
The $175 million bond in former President Trump's civil fraud trial is at risk after the New York attorney general’s office questioned the qualifications of the California-based company that posted it.  State lawyers wrote in a brief court notice Thursday that they take “exception to the sufficiency of the surety,” secured from Knight Specialty Insurance Company.  The notice requires Trump or the insurance company to demonstrate that the company is financially capable of paying the bond amount if Trump loses on appeal and that the bond is appropriately collateralized.  “Defendants or (Knight) shall file a motion to justify the surety within ten days of the service of this notice,

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