Hearing over Trump's $175 million bond in NY civil fraud case set for April 22

A New York judge will hold a hearing on April 22 over the $175 million bond Donald Trump posted as he appeals a $454 million fraud judgment against him, the state attorney general's office said on Thursday, after asking for more details about the bond.

The Republican presidential candidate narrowly averted possible asset seizures when an appeals court on March 25 agreed to pause the judgment if he posted a $175 million bond within 10 days, which he did on April 1. New York Attorney General Letitia James' office said on Thursday that Trump must offer proof that the surety company he used to post the bond, Knight Specialty Insurance Company, has enough assets to pay if his appeal fails.

The move does not necessarily imperil Trump's bond but will likely require California-based Knight to show that it can cover the bond. Knight owner Don Hankey and the company’s president, Amit Shah, did not immediately respond to requests for comment.

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