In a response to former President Donald Trump's claim that he cannot find an insurance company to support his $464 million bond in the civil fraud case, the New York Attorney General's office has urged the state appeals court to dismiss his argument. Trump's lawyers had previously stated that it was nearly impossible for him to secure a bond after being rejected by 30 insurance companies.

The attorney general's office pushed back against Trump's claim, stating that the defendants had no reason to wait until their reply to raise concerns about obtaining a bond. They pointed out that their efforts to obtain the bond had begun prior to the filing of the stay motion and even before the judgment was entered.

According to Trump's lawyers, insurers demanded cash or stock as collateral worth approximately half a billion dollars, rejecting real estate as collateral. However, the attorney general's office challenged this argument, asserting that the defendants had failed to provide documentary evidence detailing the specific real properties offered as collateral and the reasons why the sureties were unwilling to accept them.

The attorney general's office also criticized the credibility of the sworn statements presented by Trump's insurance broker, Gary Giulietti, and Alan Garten, the top lawyer at the Trump Organization. They highlighted that Giulietti, a long-time friend of Trump, had testified in the civil fraud trial but was not found credible by the judge. Similarly, they argued that Garten's potential stake in the outcome made his reliability questionable.

Offering a potential solution, the attorney general's office suggested that if Trump was genuinely unable to provide an undertaking, he should consider turning over his real estate properties to satisfy the judgment or pledge security in real estate holdings with sufficient value to secure the payment.

Trump has until Monday to post the bond unless the appeals court decides to grant his motion to delay payment until after the appeal is heard. The attorney general's office recommended that Trump explore options such as pooling insurance companies to underwrite the bond or providing a more comprehensive explanation of the challenges faced in negotiations.

As this legal battle continues, it remains to be seen how the appeals court will respond to Trump's claim and whether he will be able to secure the necessary bond. The outcome of the case will have significant implications for the future course of events.