Trump attorneys post $92 million bond to support jury award to E. Jean Carroll in defamation suit
A lawyer for Donald Trump says the former president has secured a bond sufficient to support an $83.3 million jury award granted to writer E
NEW YORK (AP) — Donald Trump has secured a $91.6 million bond sufficient to cover the money he owes to writer E. Jean Carroll in a defamation lawsuit while he appeals the jury's verdict, the former president’s lawyer told a court on Friday.
Attorney Alina Habba filed papers with the New York judge to show that Trump had secured the bond from the Federal Insurance Co., a unit of the insurance giant Chubb. The bond would cover the $83.3 million judgement in the lawsuit, plus interest.
Habba simultaneously filed a notice showing Trump, the likely 2024 Republican presidential nominee, is appealing the verdict. The posting of the bond was a necessary step to delay payment of the award until the 2nd U.S. Circuit Court of Appeals can rule on Trump's legal challenge.
The filings came a day after Judge Lewis A. Kaplan refused to delay a Monday deadline for posting a bond to ensure that Carroll, 80, can collect the judgement if it remains intact following appeals.
