Judge Gives Trump Lifeline in NY Fraud Case: Law Professor

A New York judge ruled that the former president can again take out loans to pay his bond.
Judge Gives Trump Lifeline in NY Fraud Case: Law Professor
Former President Donald Trump and his lawyers Christopher Kise and Alina Habba attend the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in New York City on Jan. 11, 2024. Seth Wenig/Getty Images
Jack Phillips
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Former President Donald Trump and his two sons can borrow money and can continue to conduct business in New York as they appeal a judge’s civil fraud verdict, although the judgment against the former president, which is over $450 million, will remain in effect.

State Appellate Court Judge Anil Singh handed down a partial stay in the fraud verdict, blocking a several-year ban on business operations and applications for loans in New York. While the Trump lawyers have not commented on whether or not they will try to get a loan, it could allow the former president to borrow money and post the full bond amount.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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