Quick Hit:

New York Attorney General Letitia James has initiated the process to begin seizing portions of Donald Trump's assets as part of the state's $450 million civil fraud judgment against the former president. Filings indicate that James is eyeing Trump's Seven Springs golf course and private estate in Westchester County.

Key Details:

• The judgments were filed in Westchester County on March 6th, a week after Judge Arthur Engoron ordered Trump to pay the fraud fine—and two weeks after MxM News first reported that New York Attorney General Letitia James was "ready" to begin seizing Trump's assets.
• This filing is the first step a creditor takes to recover property, with potential next steps including placing liens on assets or forcing a foreclosure.
• Trump's proposal to post a $100 million appeal bond instead of the full $464 million required was denied by Judge Engoron.

Diving Deeper:

The New York Attorney General's office has taken a significant step towards the seizure of former President Donald Trump's assets. This move comes as part of a $450 million civil fraud judgment in the state against Trump. The judgments were filed in Westchester County, indicating the state's readiness to seize Trump's Seven Springs golf course and private estate.

The judgments were entered with the Westchester County Clerk's Office on March 6th, one week after Judge Arthur Engoron ordered Trump to pay the major fraud fine. This filing is the first step a creditor takes to recover property. The next steps could involve placing liens on assets or attempting to force a foreclosure, among other things.

Trump had offered last month to post a $100 million appeal bond instead of the full $464 million he is required to post to appeal the judgment. However, Judge Engoron denied this proposal. This denial further complicates Trump's legal situation and brings the state closer to seizing his assets.