In "Donald Trump's $175mn Bond Should Be Invalidated, New York Attorney General Says" (Financial Times, April 19, 2024), Pollock Cohen managing partner Adam Pollock discusses the April 19, 2024 filing by the New York Attorney General urging the court to invalidate a $175mn bond posted by former President Trump to halt enforcement of a half-billion dollar fraud judgment against him and his business. The attorney general's office argues that it is not backed by sufficient collateral or an appropriately licensed firm.
Adam, a former assistant attorney general in New York, in an interview with The Financial Times, said, "the filing showed James had shied away from “taking an overly aggressive stance”, and the request for a new bond was “an eminently reasonable ask.”
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Donald Trump's $175mn Bond Should Be Invalidated, New York Attorney General Says | FT
