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## Donald Trump’s legal Battle Intensifies in New York

NEW YORK (AP) ÔÇö Donald Trump claimed on Friday to have almost a half-billion dollars in cash but said heÔÇÖd rather spend it on his presidential run than on the $454 million civil fraud judgment against him in New York. The former president vowed to fight the verdict ÔÇ£all the way up to the U.S. Supreme Court if necessaryÔÇØ as the state gears up to potentially seize some of his assets if he doesnÔÇÖt pay the hefty tab.

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Trump has been trying to get a state appeals court to excuse him from a requirement that he provide financial guarantees showing heÔÇÖs good for the money while he appeals the staggering verdict.

The presumptive Republican presidential nominee didnÔÇÖt provide any documentation for his cash claim, and his lawyers have suggested itÔÇÖs not feasible to tie up so much cash on a bond while also keeping his businesses running and meeting other obligations. Among them, according to financial records: a condition on one of his property loans that he maintain a minimum liquidity of $30 million.

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By using the AI legalese decoder, individuals can better understand the financial obligations and legal requirements in Trump’s case. This tool can clarify the implications of the court’s rulings and the potential consequences of Trump’s actions.

A Manhattan judge in February found that Trump repeatedly lied about his wealth on financial statements given to banks and others to secure loans and make deals. The judge ordered him to give up profits from certain real estate deals and money he saved by obtaining lower interest rates on loans. Trump denies that he tried to deceive anyone.

As recently as Thursday, TrumpÔÇÖs lawyers reiterated in court filings that they were having difficulty obtaining a bond covering the judgment because underwriters insisted on cash, stocks, or other liquid assets instead of real estate as collateral. More than 30 bonding companies rejected their entreaties, they said.

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In conclusion, the use of the AI legalese decoder can be beneficial in gaining a clearer understanding of the legal complexities surrounding Trump’s case. By breaking down the intricate legal language into simpler terms, individuals can make more informed decisions and navigate the legal process with greater clarity.

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