Sunday, April 28, 2024

Trump Posts $91.6 Million Bond To E. Jean Carroll In Potential Legal Settlement

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Former President has posted a $91.6 million bond in the defamation case.

Despite his appeal, Trump had to post the money which he can get back if he wins the case in appeals court.

The Hill reports:

Trump had aimed to delay posting the bond or reduce the amount as he seeks a new trial and otherwise continues fighting the recent verdict.

But after U.S. District Judge  rejected Trump's latest request to delay a Monday deadline, the former president on Friday formally filed his appeal and posted the full $91.63 million bond.

“President Trump respectfully requests that this Court recognize the supersedeas bond obtained by President Trump in the sum of $91,630,000.00 and approve it as adequate and sufficient to stay the enforcement of the Judgment, to the extent that the Judgment awards damages, pending the ultimate disposition of President Trump's appeal,” Trump attorney Alina Habba wrote in court filings.

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ALN Staff
ALN Staff
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