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(132,026 posts)
Wed Mar 13, 2024, 04:25 AM Mar 2024

Judge approves Trump's $91.6 million bond in E. Jean Carroll defamation case [View all]

Source: ABC News

March 12, 2024, 6:21 PM

Judge Lewis Kaplan has approved Donald Trump's $91,630,000 bond in the defamation case brought by columnist E. Jean Carroll, according to an order filed Tuesday afternoon.

"Enforcement of the Judgment, to the extent that the Judgment awards damages, is STAYED pending the final disposition of the appeal by the United States Court of Appeals for the Second Circuit," the order said.

The order stayed the execution of the judgment in the case while Trump appeals. If Trump's appeal is unsuccessful, the bond ensures Carroll will be paid.

The former president had obtained an appeals bond from the Virginia-based Federal Insurance Company totaling $91,630,000 to cover the $83 million judgment in the case plus interest, according to a court filing on Friday. The conditions of the bond did not specify what assets Trump used to secure the bond.

Read more: https://abcnews.go.com/US/judge-approves-trumps-bond-e-jean-carroll-defamation-case/story?id=108062778

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