Trump Judgments: What’s an Appeal Bond? What Happens if He Can’t Get a $454 Million Loan?

March 19, 2024


Read time:

5-15 mins
File 20240319 24 9ffojk
Presented by The Conversation

Lawyers for Donald Trump on March 18, 2024, told a New York court that the former president has been unable to secure a US$454 million bond as he appeals a New York civil fraud ruling against him. But what is an appeal bond? The Conversation asked Will Thomas, a business law professor at the University of Michigan, to explain why Trump needs an appeal bond and what happens if he doesn’t get it by the deadline.

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