A New York appeals court on Monday said it would pause the clock on enforcing a $464 million judgment against former President Donald Trump, according to a report.
The state appeals court panel said it would act if the Trump Organization and top executives posted a $175 million within 10 days, as reported by the Associated Press.
The dramatic last minute reprieve comes after Trump’s lawyers said it would be impossible for him to secure that amount of cash.
Trump posted on Truth Social that he would abide by the decision of the appeals court.
He said:
Judge Engoron has refused to obey the decision of the Appellate Division relative to the Statute of Limitations. This is a confrontation between a Judge and those that rule above him – A very bad situation in which to place New York State and the Rule of Law! Engoron has disrespected the Appellate Division and its very clear and precise ruling. He should be made to do so, and at the same time, release the GAG ORDER. This is the 5th time in this case that he has been overturned, a record. His credibility, and that of Leticia James, has been shattered. We will abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash. This also shows how ridiculous and outrageous Engoron’s original decision was at $450 Million. I DID NOTHING WRONG, AND NEW YORK SHOULD NEVER BE PUT IN A POSITION LIKE THIS AGAIN. BUSINESSES ARE FLEEING, VIOLENT CRIME IS FLOURISHING, AND IT IS VERY IMPORTANT THAT THIS BE RESOLVED IN ITS TOTALITY AS SOON AS POSSIBLE. THANK YOU!
Trump continued to go after Engoron and James, adding:
Judge Engoron and Letitia James should be forced to explain why he ruled that Mar-a-Lago was worth $18,000,000 when, in fact, it is worth from 50 to 100 times that amount. How did the Attorney General of the State of New York force this Corrupt Judge to do that in order to help her narrative – AND WHY?
This is a breaking news story. More to come…
