A New York appeals court on Monday temporarily stopped the clock on the looming enforcement of a multimillion-dollar judgment against former President Trump and his company over deceitful business practices.
In a terse order, a five-judge state appeals court panel said it would pause the enforcement of the $464 million judgment against Trump, the Trump Organization and top executives, with interest, if they post a $175 million bond within 10 days.
The pause comes after Trump’s lawyers admitted last week that, despite “diligent efforts,” it would be “impossible” for the former president to secure a full appeals bond due to lack of cash on hand.
Trump wrote Friday on Truth Social that he has nearly $500 million in cash, and he told state lawyers last year in depositions he had “substantially in excess of $400 million in cash.”
But on top of a $91 million appeal bond Trump was recently …