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Ocelot II

(116,479 posts)
44. Not at all. Where this case is concerned, the *only* priority is that Carroll is compensated
Sat Mar 9, 2024, 03:23 PM
Mar 2024

in accordance with the jury's verdict. The appeal bond is a totally normal part of the process. It was issued by a subsidiary of a huge multinational, publicly-traded umbrella company (their SEC 10-K form is on line; you can see for yourself what they do and how much money they make) that sells many kinds of insurance through one of its subsidiaries in 55 countries (30 of which are in the US). Check your 401K or mutual funds; they very well might hold stock in Chubb Group. There is nothing at all unusual about the issuance of an appeal bond for a multi-million dollar verdict - in commercial litigation cases it's routine and happens every day. The appellant pays a premium of a certain percentage of the verdict but typically also has to put up collateral covering the whole verdict plus interest. Where Trump got the money for the premium is unimportant, but he certainly has legal access to a fair amount of cash, much as he hates to part with it. The only important thing regarding this case is that Carroll is assured of getting the money the jury awarded her.

Shocker!!!!!! FalloutShelter Mar 2024 #1
Oh, FFS. Come on , people; not everything is Russian conspiracy. Ocelot II Mar 2024 #2
Good luck presenting facts. Heck, I had Chubb Disability insurance when I worked for state government in 1970s. Silent Type Mar 2024 #12
At this point... TwilightZone Mar 2024 #14
For good reason. Irish_Dem Mar 2024 #45
No, it's really not. TwilightZone Mar 2024 #62
The FACTS are that Russia interfered with an election and helped install Trump into the WH. Irish_Dem Mar 2024 #63
In the 80s I worked in an industry that required bonding. Worked through a broker for Chubb & Son and got twodogsbarking Mar 2024 #25
Thanks! Everything's Russia is getting a bit tiresome. NT reACTIONary Mar 2024 #38
Thanks for this info! ShazzieB Mar 2024 #39
If it's Swiss HAB911 Mar 2024 #3
That's an awfully broad statement. ShazzieB Mar 2024 #40
sorry HAB911 Mar 2024 #42
Oh, I see. ShazzieB Mar 2024 #65
This message was self-deleted by its author wolfie001 Mar 2024 #4
It's foreign money bluestarone Mar 2024 #5
They're a Swiss company. TwilightZone Mar 2024 #9
It's OK. if I believe differently bluestarone Mar 2024 #11
I disaggree about "Bud Light is a Belgian beer" Jerry2144 Mar 2024 #16
Bud enid602 Mar 2024 #50
That may be true. But it still isn't beer Jerry2144 Mar 2024 #61
Trump also met with Elon Musk last week gulliver Mar 2024 #6
Liars lie specfically. . . . h2ebits Mar 2024 #22
Co-signor for the bond perhaps superpatriotman Mar 2024 #58
Chubb has offices in 55 countries. TwilightZone Mar 2024 #7
+1. There is so much to criticize trump for that we don't have to invent conspiracies. But we do. Silent Type Mar 2024 #13
And it's just as stupid when we do it. Ocelot II Mar 2024 #15
Totally agree. It's actually worse when we do it. Silent Type Mar 2024 #17
Yup. We're supposed to be the reality-based people who believe in facts and science, who check their sources, Ocelot II Mar 2024 #19
Transparency SARose Mar 2024 #20
Why do we care? What's important is that Carroll gets the money she was awarded. Ocelot II Mar 2024 #21
I think your priorities are upside down. triron Mar 2024 #30
My priority is for Carroll to get the money she has been awarded. I guess you don't care if she does. onenote Mar 2024 #36
Not at all. Where this case is concerned, the *only* priority is that Carroll is compensated Ocelot II Mar 2024 #44
+100 Celerity Mar 2024 #37
Did Orban deliver the news MOMFUDSKI Mar 2024 #8
Surprise cilla4progress Mar 2024 #10
No surprises there liberal N proud Mar 2024 #18
Do you want to vote for the guy will multiple TexasBushwhacker Mar 2024 #23
"It was not clear from court records what collateral Trump presented to obtain the bond from Chubb." dalton99a Mar 2024 #24
So.. alfredo Mar 2024 #26
Chubb is NOT a Kremlin-controlled firm. Chubb is the world's largest publicly traded property and casualty insurer Celerity Mar 2024 #41
I should. Have done fact checking first. alfredo Mar 18 #68
Too soon to tell. Smells like foreign money, though. Iggo Mar 2024 #27
So, we are going to put it in the hands of an individual who has repeatedly mishandled Top Secret material. More state.. usaf-vet Mar 2024 #28
I understand . . . AverageOldGuy Mar 2024 #29
Sarcasm here? triron Mar 2024 #31
If I were of a suspicious mind, I might say something like this -- sarcastically, of course AverageOldGuy Mar 2024 #35
I'd posit you are warm. As in 'hide and seek'. triron Mar 2024 #52
+1. When it comes to Trump, assume the worst. He no longer deserves the benefit of the doubt dalton99a Mar 2024 #32
I know, people assuming Trump will follow the rules are quite naive. Irish_Dem Mar 2024 #48
And of course it's just a coincidence orban shows up. triron Mar 2024 #53
Yet people who can connect these dots are called conspiracy nuts. Irish_Dem Mar 2024 #55
Evan Greenberg to the rescue! DJ Porkchop Mar 2024 #33
I am sure .... Shoonra Mar 2024 #34
There will be strings attached absolutely. Irish_Dem Mar 2024 #47
Where is the CIA? triron Mar 2024 #56
Soon after Trump entered the WH, there was a very high death and disappearance rate of CIA assets. Irish_Dem Mar 2024 #57
Since it is DT and the ceo is connected to DT, I would look hard at how the bond is backed. 58Sunliner Mar 2024 #43
Oh, here we go again. The bond ensures the judgment will be paid if TFG loses the appeal. Period. Ocelot II Mar 2024 #51
If he loses the appeal, that would be the normal process. 58Sunliner Mar 2024 #67
We would be very naive and foolish not to ask this question. Irish_Dem Mar 2024 #46
Is every company that does business in Russia sarisataka Mar 2024 #49
Wow does everything have to be a Russian conspiracy ?!? dweller Mar 2024 #54
I read the post and the rebuttals. Both only raise more questions. flashman13 Mar 2024 #59
Behind maggots money MFM008 Mar 2024 #60
It was my second thought after who Hassler Mar 2024 #64
Bond in trouble SARose Mar 2024 #66
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