Attorney Alina Habba filed papers with the New York judge to show that Trump had secured a bond from the Federal Insurance Co. to support an $83.3 million jury award granted to writer E. Jean Carroll
Republican former President Donald Trump speaks at a primary election night party in January in Nashua, N.H.Republican former President Donald Trump speaks at a primary election night party in January in Nashua, N.H.NEW YORK — Former President Donald Trump has secured a bond sufficient to support an $83.3 million jury award granted to writer E.
The posting of the bond was a necessary step to delay payment of the award until the 2nd Circuit can rule. Trump's lawyers have asked for that judgment to be stayed on appeal, warning he might need to sell some properties to cover the penalty.On Thursday, Kaplan wrote that any financial harm to Trump results from his slow response to the late-January verdict in the defamation case over statements he made about Carroll while he was president in 2019 after she claimed in a memoir that he raped her in spring 1996 in a midtown Manhattan luxury department store dressing room.
A jury last May awarded Carroll $5 million after concluding that Trump sexually abused Carroll in the 1996 encounter, though it rejected Carroll's rape claims, as rape was defined by New York state law. A portion of the award also stemmed from the jury's finding that Trump defamed Carroll with statements he made in October 2022.
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