Trump Can’t Obtain Appeal Bond , in New York Fraud Case.br According to a New York court filing br on March 18, Trump isn't able to secure a br $454 million bond as he appeals a civil business br fraud judgement against him, CNBC reports. .br Trump's attorneys said that getting the bond is "impossible" since it would "effectively" require "cash reserves approaching $1 billion.".br Defendants’ ongoing diligent br efforts have proven that a bond br in the judgment’s full amount br is ‘a practical impossibility.’, Donald Trump's lawyers, via CNBC.br Gary Giulietti, president of the br Northeast division of the Lockton Companies, was hired to help Trump obtain a bond.br Despite scouring the market, we have br been unsuccessful in our effort ... for the br simple reason that obtaining an appeal bond br for $464 million is a practical impossibility br under the circumstances presented, Gary Giulietti, president of the Northeast br division of the Lockton Companies, via CNBC.br Simply put, a bond of this br size is rarely, if ever, seen, Gary Giulietti, president of the Northeast br division of the Lockton Companies, via CNBC.br In the unusual circumstance that a bond of br this size is issued, it is provided to the largest br public companies in the world, not to br individuals or privately held businesses, Gary Giulietti, president of the Northeast br division of the Lockton Companies, via CNBC.br Giulietti went on to say that a private company would need about $1 billion to put up as collateral to receive a bond of that size. .br While it is my understanding that br the Trump Organization is in a strong br liquidity position, it does not have br $1 billion in cash or cash equivalents, Gary Giulietti, president of the Northeast br division of the Lockton Companies, via CNBC.br Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case br brought against him by writer E. Jean Carroll. .br Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case br brought against him by writer E. Jean Carroll.