Attorney General James disputed Trump's claims that he could not secure a bond to pay the large sum and she threatened to seize his assets as a result.
A lawyer for Letitia James argued in a legal filing on Wednesday that the court ought to reject Trump's "extraordinary request" to appeal without posting the entire sum. The former president called the bond "practically impossible" to pay.
On March 6, state attorneys filed the judgments with the Westchester County clerk's office, per CNN.
According to the outlet, "Entering a judgment would be the first step a creditor would take to attempt to recover property. Additional steps, such as putting liens on assets or moving to foreclose on properties, or taking other actions in court would follow, if the asset is going to be seized."
In New York City, where Trump has properties including Trump Tower, his penthouse at Trump Tower, 40 Wall Street, his hotel next to Central Park, and multiple apartment complexes, a judgment has already been filed.
Trump now has four days to comply with the ruling, or persuade an appeals court to grant him permission to post a reduced sum or postpone posting the money until after the appeal.
Trump's attorney Chris Kise slammed the AG's filing as a "brazen abuse of power."
"The Attorney General's latest filing demonstrates her continued willingness to misrepresent the facts and misconstrue applicable law in her political crusade against President Trump. Today's missive does not even bother to cite New York case law," said Kise.
"The Attorney General also includes a baseless, malicious, and defamatory assault on an individual who had no role in any of the transactions or matters at issue. This brazen abuse of power will continue until some judicial officer musters the courage to say 'enough.' Until then, the damage to the New York business community and to the rule of law is irretrievable," he added.
In February, New York Judge Arthur Engoron found Trump guilty of allegedly exaggerating his real estate assets, thus inflating his fortune, and ordered Trump to pay $464 million in disgorgement and interest. A three-year ban on Trump's ability to run any New York-based corporation was also imposed. Additionally, his sons Eric Trump and Donald Trump Jr. each received a $4 million fine and a two-year ban.
No banks that loaned money to Trump suffered any damages and the AP admitted that the case stands alone in 70 years of case law with one real estate lawyer who spoke to the outlet saying that it "sets a horrible precedent."
On Thursday, former GOP primary candidate Vivek Ramaswamy called for Letitia James to be disbarred, writing on X, "The 8th Amendment was designed to protect against excessive fines or bail imposed to achieve unjust ends. Letitia James’ crusade against Trump fits that to a tee. She should be disbarred."
“The Letitia James crusade against Donald Trump is disgusting and it is a threat to every American,” Ramaswamy began. “The Eighth Amendment prevents the imposition of excessive bail, or excessive fines. And if there's ever an example, that means that to a tee, it’s the bond that’s been demanded of Donald Trump in this disgusting New York Letitia James-led prosecution."
“This is an opportunity for the Supreme Court to step in and say, 'No, we're not going to stand for this kind of lawfare.'” Ramaswamy continued.
Trump has criticized James’ demand that he pay the bond before appealing the New York decision, saying, "If I sold assets, and then won the Appeal, the assets would be forever gone. Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong. The Crooked Judge, who has already been overturned 4 times on this case (a record!), fully understands this. He gave us a demand which he knows is impossible to do."
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