An appeals court decision to allow former President Donald Trump to pay only a fraction of his $454 million bond in the case brought by New York Attorney General Letitia James could foreshadow a decision from the appeals court to reduce the judgment, some legal experts say.
A New York state appeals court ordered Monday that the bond requirement be slashed from $454 million to $175 million.
“Given that the law requires a bond in the full amount of the judgment, seeing the appellate court sidestep that law and lower the amount suggests a degree of concern about the magnitude of the judgment,” said attorney Adam Pollock, a former assistant attorney general in New York.
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Trump could still be saddled with the near half-a-billion dollar judgment if he loses the appeal, but a decision is several months away. The appellate court ordered lawyers to prepare the appeal for the September term, which means the oral arguments will likely take …