Lawyers for Donald Trump said in a court filing on Monday it is “impossible” for them to secure a $464 million bond to appeal New York’s fraud case against him, Axios reports.
Trump’s attorneys said he has approached 30 underwriters to back the bond, due end of the month, but none will agree.
If Trump can’t secure the bond as required by New York law, they may be unable to appeal the damages and interest they were ordered to pay.
Trump knew this judgment was coming, and his inability to obtain a bond suggests he is much less wealthy than he claims to be.
