If he is unable to post it, the authorities could start to seize the former US president's assets. Lawyers for Trump have said he cannot find surety companies willing to cover the full $454m bond, making it "a practical impossibility" to pay in full- although since then Trump has publicly claimed to have almost a half-billion dollars in cash, and a stock deal on Friday relating to his social media company Truth Social may result in an eventual windfall of $3bn for him.
But anyone expecting Anthony Miranda, sheriff of the city of New York, to show up at Trump Tower, Trump's home on 5th Avenue, to cart off the faux-Louis XIV furniture, the golden cherubs, crystal chandeliers or chisel the 24-carat gold from the cornices, may be disappointed.
Collecting a financial judgment is a slow and arduous process, according to New York property lawyers, especially when the assets that could be seized to satisfy that judgment are properties withheld in a complex web of ownership and titles, subject to mortgages and co-ownership claims.
The very problem that Trump says he faces raising a bond against his properties is the same one that the New York attorney general, Letitia James, could find in liquefying his assets to satisfy the punishment brought in after she won a fraud trial against Trump's property empire.
This story is from the March 25, 2024 edition of The Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 25, 2024 edition of The Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Pakistan stumble in tight chase amid merry chaos of showpiece
After five years of planning, eight months spent nurturing four pitches which then had to be transported from Australia to the US, six months of construction work on $30m of temporary stadium, including the installation of 34,000 seats and 100 hospitality boxes, a security operation that involved seven agencies, including the police forces of three counties and the FBI, the deployment of snipers, Swat teams, roadblocks, a helicopter, a 50-person video surveillance team, hundreds of buses, and the closure of 1,000 acres of public park, the biggest game ever played in the US was finally ready to get under way.
Shein listing would betray workers, say activists
Workers' rights campaigners have called for the UK's next government to oppose the fast-fashion business Shein joining the FTSE, arguing a London listing would be \"yet another betrayal to working people everywhere and the planet\".
South Korea to restart loudspeaker propaganda broadcasts to North after balloons cross border
South Korea says it will restart loudspeaker propaganda broadcasts into the North, after Pyongyang sent hundreds more rubbish-filled balloons across the border.
Modi sworn in for third term as Delhi begins coalition era
Narendra Modi was sworn in as the prime minister of India for a historic third term yesterday, ushering in a new era of coalition politics for the strongman leader.
Ukraine recovery conference urged to focus on prevention of energy blackouts
Russian damage to Ukraine's power grid has led to calls for a recovery conference starting in Berlin tomorrow to pivot away from long-term reconstruction and focus on preventing prolonged energy blackouts this winter.
The mood in Israel Jubilation at rescue success but silence on Palestinian lives lost
Eight months after the horrors of 7 October, Saturday was a rare, joyful day in Israel after four hostages were rescued from Gaza.
"The area was besieged' How military raid left hundreds dead and many more injured
The market in Nuseirat was busy on Saturday morning. Among the crowds were Asia El-Nemer, looking for a pharmacy that still had stock of her sister's medication, and Ansam Haroun, hoping to find new clothes to lift her daughters' spirits for the Eid al-Adha holiday.
Outrage over 'massacre' in Gaza amid Israeli operation that freed four hostages
Israeli attacks in central Gaza killed scores of Palestinians - many of them civilians - amid a special forces operation to free four hostages held there, with the death toll leading to international outrage.
Sky eye How daredevil artist captures the shot
Streaks of red bunting zigzagging through Chinatown, tents for garden parties pitched in Buckingham Palace and secret roof gardens tucked into the tops of city skyscrapers.
Home Office asks Ukrainian woman scammed over visa scheme to leave UK
A young woman from Ukraine who sought sanctuary in the UK has been asked by the Home Office to separate from her parents who are living here and return to her war-torn home country.