Donald Trump cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case.
The former president must either pay the full amount in cash or secure a bond in order to continue his appeal.
Mr Trump's lawyers said on Monday that securing a bond of that size was a "practical impossibility".
For a fee, a bonding company would guarantee the full amount to the New York court.
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The former president must either pay the full amount in cash or secure a bond in order to continue his appeal.
Mr Trump's lawyers said on Monday that securing a bond of that size was a "practical impossibility".
For a fee, a bonding company would guarantee the full amount to the New York court.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#US #BBCNews
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