The dispute stems from a $454 million judgment Mr. Trump is facing... Without a bond in place, Ms. James could have frozen his bank accounts and begun trying to seize some of his New York properties.
... an appeals court granted him a break, allowing him to post the smaller bond. The company providing the bond essentially promises New York's court system... that it would cover $175 million of the judgment against Mr. Trump if he loses his appeal and fails to pay.
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