New York State Attorney General Letitia James at a press conference after the ruling ordering Donald Trump to pay US$355 million plus interest. (File photo)
Letitia James is an African-American judge, elected from the Democratic Party, and occupies both a judicial function and role and policies.
For weeks, Mr. Trump's lawyers have said they are unable to provide this bond intended to suspend, for the duration of an appeal, the February judgment which also prohibits Trump father and son from running their businesses. in New York for three and two years.
Friday, the former head of state assured he had nearly 500 million dollars in cash, a significant portion of which is intended for use in [his] campaign against Democratic President Joe Biden.
He also benefited from a breath of financial oxygen on Friday with a green light for the IPO of his media company, Trump Media & Technology Group, which could bring him billions of dollars and thus serve as security.
Otherwise, Donald Trump will suffer humiliation, judge Carl Tobias, professor of Law from the University of Richmond, Virginia.
Because he could be forced to sell his real estate or have it seized by Attorney James, such as the Trump Tower on 5th Avenue and his building on Wall Street in Manhattan.
One of Donald Trump's flagship properties, the Trump Tower on 5th Avenue. (File photo)
Mr. Tobias even thinks that the businessman could declare personal bankruptcy.
His lawyers have been multiplying appeals for months to delay his trials as much as possible, if possible after the presidential election on November 5.
For his criminal indictment for payments before the 2016 presidential election to a former pornography star, Stormy Daniels, with whom he allegedly had an extramarital affair in 2006, the trial was to begin Monday.
But it was pushed back on March 15 by at least a month.
Stephanie Clifford, aka Stormy Daniels. (File photo)
Manhattan Judge Juan Merchan must set a new date on Monday for this historic judicial first for a former US president who faces four years in prison.
The defense of Donald Trump, 77, demands an adjournment of at least three months, time to study tens of thousands of pages of documents submitted in March to the procedure.
The lawyers also want to wait until the Supreme Court in Washington decides this summer on the question of presidential criminal immunity.
Donald Trump denies any affair with Stormy Daniels, real name Stephanie Clifford.
He has pleaded not guilty to charges makeup of the Trump Organization's accounts to hide the $130,000 paid in October 2016 so that she would keep quiet about a consensual sexual encounter ten years earlier when he was married to Melania Trump.