Concerns Mount Over Trump's $175 Million Bond Backed by Cayman Islands Firm

Experts worry about the ability to collect on the bond if Trump's appeal fails, given the insurer's ties to a tax haven with strict secrecy laws.

Trump's $175 million appeal bond, issued by a company with Cayman Islands connections, raises significant concerns about collection feasibility.
Financial experts and former regulators express doubts about the insurer's liquidity and transparency, complicating potential recovery efforts.
The Cayman-based parent company's secrecy and lack of regulatory oversight pose major challenges for enforcing any U.S. legal judgments.
Forensic accountants and insurance experts criticize the arrangement as opaque and potentially inadequate to cover the bond's obligations.
A hearing on the bond's legitimacy is scheduled for April 22, as authorities question the financial stability of the insurer.