Difficulties for Trump..!? Not a single company can come forward!?
The situation of former US President and real estate tycoon donald trump has become worse. He is currently in the ring of presidential elections. However.. in relation to the cases registered against him. Recently courts imposed a fine. Courts have said that if there is a question of paying these... first... guarantees for these amounts are submitted and then the arguments can be continued. With this, Trump's lawyers looked for insurance companies. But, not a single company came forward.
``Dozens of companies have been approached but not a single private company has come forward to guarantee the $464m (£365m) ordered to be paid by a New York civil court in the fraud case,'' a lawyer for trump said. trump must pay the full amount in cash to continue his claims. Or submit a bond. No company has come forward to provide it. If this amount is not submitted to the court, there is a possibility that some of the real estate assets of Trump's business may be liquidated. With this, trump is looking for a guaranteed company. But if trump loses in this case, the entire company will lose. The company doesn't believe trump will return it. That is why it is known that nothing has come forward. trump understood this. That's why he is taking a U-turn and getting out of the opposition's criticism. ``It's impossible for any company, including a successful company like mine, to pay this amount.''They say, ``Bonding companies have never heard of a bond of this data-size before.'' Lawyers said that they have been approached without results. In this case, Trump's two sons must also pay a million dollars. In addition to ordering trump to pay a penalty, New York judge Arthur Engoron, who found that he falsely increased his assets to get better loan deals, banned him from conducting any business in the state for three years. A judge last month suspended Trump's trade ban. But he rejected the request to reduce the fine. However, bonds are usually issued for small amounts. But the fine imposed on trump is huge. He is out of this case. Darimila decided that it is not possible to fall.. No company is coming forward. ``Fines at this level are usually imposed on large companies. Trump's legal team responded late while appealing the ruling. He is facing the prospect of starting to liquidate his assets. The case will depend on whether the court is ready to give him more time.''