Thursday, November 14, 2024

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

From the United States District Court for the Southern District of New York



CNN

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.

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.

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.

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.

See also  Improving memory with deep brain stimulation during sleep
Latest news
Related news