E. Trump posted nearly $92 million bond in Jean Carroll defamation case


There is former President Donald Trump Published $91.63 million Deed E. He appealed the judgment against him in the Jean Carroll defamation case.

Trump's bond and appeal were announced in federal court in New York on Friday.

In January, A A federal jury awarded Carrolll $83.3 million in damages as a result of Trump's defamatory statements, in which he denied raping her, claimed she was not his type, and accused him of fabricating the allegations to boost sales of his book. Carroll will not collect the award during the appeal.

Insurance company Supp wrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will receive only an appeal of the $83.3 million judgment and no future appeals.

The bond amount is higher than the judgment because the district court generally requires a party to post 110% of the bond.

In a statement, a Supp spokeswoman declined to comment on the specifics of Trump's bond.

“As a matter of policy, we do not comment on customer-specific information,” the spokesperson said. “Our surety division issues appeal bonds in the ordinary course of business. These bonds are a normal and important part of the American justice system, protecting the rights of defendants and plaintiffs.

Trump also faces a March 25 deadline to deposit another $454 million in the New York attorney general's civil fraud case.

In Carroll's case, Trump argued that the jury award was excessive and should be reduced. During the trial, Carroll's attorneys told the jury that Trump should be punished with a higher number of damages so that his defamatory behavior could actually stop.

See also  Tesla shares fall. Steering wheels are not the cause.

In addition to those two judgments against him, Trump also faces legal fees from four criminal investigations he faces while campaigning for another presidency.

This story has been updated with additional updates.

Leave a Reply

Your email address will not be published. Required fields are marked *